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A 20-year, 6.5 percent coupon bond pays interest annually. Thebond has a face value of $1,000. What is the percentage change inthe price of this
A 20-year, 6.5 percent coupon bond pays interest annually. Thebond has a face value of $1,000. What is the percentage change inthe price of this bond if the market yield to maturity rises to 5.7per 2 answers
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
9781118300763
