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A 25-year, $1,000 par value bond issued 3 years ago has an 8.5% semiannual coupon. The bond currently sells for $875. If the yield to
A 25-year, $1,000 par value bond issued 3 years ago has an 8.5% semiannual 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
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Handbook Of Corporate Finance Empirical Corporate Finance Volume 1
Authors: B. Espen Eckbo
1st Edition
044453265X, 0080559565, 9780444532657, 9780080559568
