Business, 24.05.2021 23:20 tayler1911

Exxon Mobil 20-year bonds pay 9 percent interest annually on a $1,000 par value. If bonds sell at $945, what is the bonds' expected rate of return? A.8.78
B.9.63
C.9.24
D.9.0

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Exxon Mobil 20-year bonds pay 9 percent interest annually on a $1,000 par value. If bonds sell at $9...

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