Is it true that the following equation can be used to find the value of an N-year
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Is it true that the following equation can be used to find the value of an N-year bond that pays interest once a year?AppendixLO1
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Annual VB = interest (1+ka) Par value + (1+ka)
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Related Book For
Fundamentals Of Financial Management Concise
ISBN: 9780324258721
4th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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