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A 2 0 - year, $ 1 , 0 0 0 par value bond has a 9 % semi - annual coupon. The bond currently
A year, $ par value bond has a semiannual coupon. The bond currently sells for $ If the yield to maturity remains at its current rate, what will the price be years from now?
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Development Finance Innovations For Sustainable Growth
Authors: Nicholas Biekpe, Danny Cassimon, Andrew William Mullineux
1st Edition
331954165X, 978-3319541655
