A bear trap pattern is a sudden price drop, which lures bullish investors into short-selling their investments, followed by a price reversal downwards. Short sellers lose money as prices rise or trigger a margin call to cover positions or sell back loans. Since bear traps are short-term patte...
You can then use the calculator answer as the rate in the formula just to verify that your answer is correct. Answer is 7.79% 35. Winston Enterprises has a 15-year bond issue outstanding that pays a 9% coupon. The bond is currently priced at $894.60 and has a par value of $1,000....