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A $1,000 par bond with a 6.8% semi-annual coupon and eight years to maturity carries a yield of 3.82%, what is the current price of
A $1,000 par bond with a 6.8% semi-annual coupon and eight years to maturity carries a yield of 3.82%, what is the current price of the bond?
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Public Finance and Public Policy
Authors: Jonathan Gruber
5th edition
1464143331, 978-1464143335
