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A 16-year bond is currently yielding 12.79%. It's coupon rate is 6.71% and interest is paid 4 times per year. What is its clean price
A 16-year bond is currently yielding 12.79%. It's coupon rate is 6.71% and interest is paid 4 times per year. What is its clean price per $100 of face value?
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Financial Management And Policy
Authors: James C. Van Horne
11th Edition
0137512236, 9780137512232
