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14) extra credit (5 points) A $1000 perpetuity was purchased in 1926 with a coupon rate of 5%. What is its value, if the market
14) extra credit (5 points) A $1000 perpetuity was purchased in 1926 with a coupon rate of 5%. What is its value, if the market rate is 10 %? What is its value, if the market rate is 2%?
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Investment The Study Of An Economic Aggregate
Authors: Philip J. Lund
1st Edition
0444851380,1483256901
