CH 13 QUIZ 61
- allied-american-university / Other
- 03 Sep 2015
- Price: $1
- Other / Other
CH 13 QUIZ 61 Assume you buy a 20 year, $1000 par value zero-coupon bond that provides a 12 percent yield to maturity. Almost immediately after you buy the bond, yields decrease to 9 percent. What will be the percentage gain on the investment