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A 25 -year, $1,000 par value bond has an 8.5% annual coupon. The bond currently sells for $875. If the yield to maturity| remains at
A 25 -year, $1,000 par value bond has an 8.5% annual coupon. The bond currently sells for $875. If the yield to maturity| remains at its current rate, what will the price be 5 years from now Step by Step Solution
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Cases In Healthcare Finance
Authors: Louis Gapenski
5th Edition
1567936113, 978-1567936117
