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expensive.
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So it's a bad deal.
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So it's not going to be as good as 107.
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So it's not going to be 7 percent and he said 6.7.
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So I think it would be a little worse than that,
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but that's qualitatively just what I asked for,
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something worse than 7 percent.
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So who said 6.7 percent?
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You did.
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Student: I just took the price of the bond over the
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coupon payment and that's 6.7, but it's not the only
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So that's another number.