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6. Softbank bond pays $100 coupon annually with face value $1000. Market interest rates are compounded annually, please find the bond prices in the following
| 6. Softbank bond pays $100 coupon annually with face value $1000. Market interest rates are compounded annually, please find the bond prices in the following table. | |||
| Market interest rate | 1-year bond price | 30-year bond price | |
| 5.31% | (14) | (15) | |
| 10.31% | (16) | (17) | |
| 20.31% | (18) | (19) | |
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Public Finance Fundamentals
Authors: K. Moeti
3rd Edition
148512946X, 9781485129462
