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: A 23-year coupon bond with face and redemption value of $1,000has a coupon rate of 8% per annum payable semiannually and a yieldto maturity
: A 23-year coupon bond with face and redemption value of $1,000has a coupon rate of 8% per annum payable semiannually and a yieldto maturity of 14% per annum compounded semiannually. Algebraically 2 answers
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
