12. A one-year discount bond with a face value of was purchased for . What is the...
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12. A one-year discount bond with a face value of was purchased for . What is the yield to maturity? What is the yield on a discount basis? (See Chapters 3 and 12 .)
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Financial Markets And Institutions
ISBN: 9780134519265
9th Edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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