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A $200 bond is redeemable at 120 in 5-years. It pays semi-annual coupons at j 2 = 7%. What is the price of this bond
A $200 bond is redeemable at 120 in 5-years. It pays semi-annual coupons at j2= 7%. What is the price of this bond to yield j2= 8%?
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Management Science The Art Of Modeling With Spreadsheets
Authors: Stephen G. Powell, Kenneth R. Baker
3rd Edition
0470530677, 978-0470530672
