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A $1000 bond with 12% semiannual coupons, with n years of maturity, sells at $862.877 with a 15% yield to maturity (YTM). Find the price
A $1000 bond with 12% semiannual coupons, with n years of maturity, sells at $862.877 with a 15% yield to maturity (YTM). Find the price of a $1000 bond with a 10% semiannual coupon with a maturity of...
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Fundamentals of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
8th Edition
978-0073530628, 978-0077861629
