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A $100 par value bond maturing in n years with 5% annual coupons is sold at $103.3. Another bond with an annual coupon rate of
A $100 par value bond maturing in n years with 5% annual coupons is sold at $103.3. Another bond with an annual coupon rate of 3% but otherwise the same is sold at $90.1. Both bonds are redeemable at ...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
10th edition
978-1337902571, 1337902578, 978-1337911054, 1337911054, 978-0324272055
