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6) A 5.0% bond has a face value of $1,000, annual interest payments, a 6.25% yield to maturity, and will mature in 7 years. What
6) A 5.0% bond has a face value of $1,000, annual interest payments, a 6.25% yield to maturity, and will mature in 7 years. What is the current market price of this bond?
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The Theory And Practice Of Investment Management
Authors: Frank J Fabozzi, Harry M Markowitz
2nd Edition
0470929901, 9780470929902
