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A $1,000 face value bond has a 5% annual coupon rate and 13 years to maturity. If the yield to maturity is 8%, what is
A $1,000 face value bond has a 5% annual coupon rate and 13 years to maturity. If the yield to maturity is 8%, what is the price of the bond?
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
