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A 15-year bond with a par value of $1,000, and interest rate of 12 percent interest (6 percent semiannually). The current market price of the
A 15-year bond with a par value of $1,000, and interest rate of 12 percent interest (6 percent semiannually). The current market price of the bond is $925. This bond's expected rate of return will be
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Quantitative Finance Its Development Mathematical Foundations And Current Scope
Authors: T. Wake Epps
1st Edition
0470431997, 9780470431993
