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(2)Firm Z issued 20-year bonds 2 years ago at a coupon rate of 8.64 percent. The bonds make semiannual payments. If the YTM on these
(2)Firm Z issued 20-year bonds 2 years ago at a coupon rate of 8.64 percent. The bonds make semiannual payments. If the YTM on these bonds is 10.41 percent, what is the current bond price? Answer to...
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