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A $25,000, 9.5% bond with semi-annual coupons redeemable at par is bought sixteen years before maturity at 78.25. What was the approximate yield rate?
A $25,000, 9.5% bond with semi-annual coupons redeemable at par is bought sixteen years before maturity at 78.25. What was the approximate yield rate?
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Fundamentals Of Healthcare Finance
Authors: Paula H. Song, Kristin L. Reiter
4th Edition
1640553223, 978-1640553224
