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A 27 -year German government bond (bund) has a face value of 250 and a coupon rate of 6% paid annually. Assume that the interest
A 27 -year German government bond (bund) has a face value of 250 and a coupon rate of 6% paid annually. Assume that the interest rate (in euros) is equal to 7.70% per year. What is the bond's PV? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Present value
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The Economics Of Money Banking And Finance
Authors: Howells, Keith Bain
3rd Edition
0273693395, 978-0273693390
