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A 28-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 18%. Required: Find the bond equivalent (YTM) and
A 28-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 18%. Required: Find the bond equivalent (YTM) and effective annual (EAY) yield to maturity of the ...
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
5th edition
1285425758, 978-1305333468, 1305333462, 978-1285425757
