3. Bond Yields. A bond with face value $1,000 has a current yield of 7% and a...

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3. Bond Yields. A bond with face value $1,000 has a current yield of 7% and a coupon rate of 8%. What is the bond's price? (LOI)

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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