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A 25-year, $1,000 par value bond has an 8% annual coupon. The bond currently sells for $818.46. If the market rate remains at its current
A 25-year, $1,000 par value bond has an 8% annual coupon. The bond currently sells for $818.46. If the market rate remains at its current rate, what will the price be 8 years from now
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
