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28. How much should you pay for a $1,000 par value bond with a 5% annual coupon and four years to maturity if the prevailing
28. How much should you pay for a $1,000 par value bond with a 5% annual coupon and four years to maturity if the prevailing interest rate is 3.50%?
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
