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Should buy the bond

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Reference no: EM132555163

Question 1: The nominal value of bond with 9% interest and maturity of 15 years is TL1.000. The current market price of the bond is TL 850. Coupon payments are made every 6 months. If the investor expects a 18% return, should she/he buy this bond?

Reference no: EM132555163

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