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A $1,000 par value bond paying a 7% semi-annual coupon with 19 years to maturity is priced at $1165. This bond is callable in 11
A $1,000 par value bond paying a 7% semi-annual coupon with 19 years to maturity is priced at $1165. This bond is callable in 11 years at a price of $1,070. What is this bonds YTC?
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Health Care Finance And The Mechanics Of Insurance And Reimbursement
Authors: Michael K. Harrington
2nd Edition
1284169030, 978-1284169034
