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A 20 year maturity bond with par value of $1000 makes semi annual coupon payments at a coupon rate of 8%. If the bond price
A 20 year maturity bond with par value of $1000 makes semi annual coupon payments at a coupon rate of 8%. If the bond price is $950, the effective annual yield to maturity of the bond is
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Earnings Quality
Authors: Andrew P.C.
1st Edition
1521507724, 978-1521507728
