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A $1,000 bond pays semi-annual coupons and is redeemable at par in 10 years. When the yield rate is i (2) =10%/a, the purchase price
A $1,000 bond pays semi-annual coupons and is redeemable at par in 10 years. When the yield rate is i(2) =10%/a, the purchase price is $1,124.62. What is the coupon rate, i(2)?
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Crime And Punishment In The Future Internet
Authors: Sanja Milivojevic
1st Edition
036746800X, 978-0367468002
