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10 years ago, Jorge Cabrera paid $980 for a 15-year bond with the face value of $1000. The bond pays a coupon of 10 percent
10 years ago, Jorge Cabrera paid $980 for a 15-year bond with the face value of $1000. The bond pays a coupon of 10 percent semiannually. Today, the bond is priced at $1,054.36. If he sold the bond to 1 answer
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Fundamentals of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
8th Edition
978-0073530628, 978-0077861629
