=+ili A 20-year bond with an annual coupon of 6 per cent, a par value of 100
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=+ili A 20-year bond with an annual coupon of 6 per cent, a par value of £100 and the next coupon due in one year. The current yield to maturity on this bond is 7.7 per cent.
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Related Book For
Corporate Financial Management And How To Write Essays And Assignments
ISBN: 978-1405882897
Coursepack Edition
Authors: Glen Arnold
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