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A $1,000 bond was issued with a coupon rate of 6%16 years ago. There are now 5 years remaining until maturity and similar bonds now
A $1,000 bond was issued with a coupon rate of 6%16 years ago. There are now 5 years remaining until maturity and similar bonds now offer a coupon rate of 8%. What is the market value of this bond? 2 decimals, no commas, no dollar signs
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Handbook On Corporate Governance In Financial Institutions
Authors: Christine A. Mallin
1st Edition
1784711780, 978-1784711788
