Consider a bond with a face value of $1,000, a coupon rate of 8% (paid annually), and
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Consider a bond with a face value of $1,000, a coupon rate of 8%
(paid annually), and a maturity in three years. What is the value of the bond if it is priced to yield 6%?
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Related Book For
Financial Management And Analysis (Frank J. Fabozzi Series)
ISBN: 9780471477617
2nd Edition
Authors: Frank J. Fabozzi, Pamela P. Peterson
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