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A $1000 bond bearing semi-annual coupons is redeemable at par. What is the minimum number of years that the bond should run so that a
A $1000 bond bearing semi-annual coupons is redeemable at par. What is the
minimum number of years that the bond should run so that a person
paying $1100 for it would earn at least 8%?
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Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
