P11.3 A 15-year bond has an annual-pay coupon of 7.5% and is priced to yield 9%. Calculate

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P11.3 A 15-year bond has an annual-pay coupon of 7.5% and is priced to yield 9%. Calculate the price per $1000 par value.

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Fundamentals Of Investing

ISBN: 9781442532885

3rd Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright

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