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1. What is the price of a $1,000 face value bond with a 10% semi-annual coupon rate if the bond matures in 5 years and
1. What is the price of a $1,000 face value bond with a 10% semi-annual coupon rate if the bond matures in 5 years and requires a return of 12%?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
978-1259194078
