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A 10% bond matures in 15 years. Assuming the coupon is paid semiannually and the par value is $1,000, what is the value of this
A 10% bond matures in 15 years. Assuming the coupon is paid semiannually and the par value is $1,000, what is the value of this bond to an investor requiring a 14% rate of return?
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
