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A 14-year bond with a coupon rate of 7.8% has a yield of 7.8%. The bond pays coupons semi-annually. What is the price of
A 14-year bond with a coupon rate of 7.8% has a yield of 7.8%. The bond pays coupons semi-annually. What is the price of the bond? Answer:
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Venture capital and the finance of innovation
Authors: Andrew Metrick
2nd Edition
9781118137888, 470454709, 1118137884, 978-0470454701
