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1) A $1,000 bond has coupon rate of 4% and matures after 10 years. b) What is the current price of the bond if the
1) A $1,000 bond has coupon rate of 4% and matures after 10 years.
| b) What is the current price of the bond if the comparable rate is 6% |
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Options Futures And Other Derivatives
Authors: John C. Hull
11th Edition
013693997X, 9780136939979
