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A $1000 bond with a coupon rate of 9% payable semiannually is redeemable after an unspecified number of years at $1125. The bond is bought
A $1000 bond with a coupon rate of 9% payable semiannually is redeemable after an unspecified number of years at $1125. The bond is bought to yield 10% convertible semiannually. If the present value of the redemption value is $225 at this yield rate, find the purchase price
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Energy And Finance Sustainability In The Energy Industry
Authors: André Dorsman, Özgür Arslan-Ayaydin, Mehmet Baha Karan
1st Edition
3319322664, 978-3319322667
