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A 10-year corporate bond has a coupon rate of 9 % with quarterly payments. If interest rates rise to 8% on similar bonds, then what
- A 10-year corporate bond has a coupon rate of 9% with quarterly payments. If interest rates rise to 8% on similar bonds, then what is the value of the bond in the marketplace?
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
