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A 26-year, $1,000 par value bond has an 8.00% annual coupon. The bond currently sells for $800. If the yield to maturity remains at its
A 26-year, $1,000 par value bond has an 8.00% annual coupon. The bond currently sells for $800. If the yield to maturity remains at its current rate, what will the price be 3 years from now? a. 800.00 b. 815.95 c. 1022.10 d. 805.87
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Handbook Of The Economics Of Finance Volume 2A
Authors: George M. Constantinides, Milton Harris, Rene M. Stulz
1st Edition
