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A 25-year maturity bond with par value $1,000 makes semi-annual coupon payments at a coupon rate of 8%. Find the bond equivalent and effective annual
A 25-year maturity bond with par value $1,000 makes semi-annual coupon payments at a coupon rate of 8%. Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $960.
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Handbook Of Alternative Assets
Authors: Mark J. P. Anson
2nd Edition
047198020X, 978-0471980209
