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A $3000 9% twelve-year bond with annual coupons is purchased with a discount of $57 and yield 9.1% if held to maturity. Find the price.
A $3000 9% twelve-year bond with annual coupons is purchased with a discount of $57 and yield 9.1% if held to maturity. Find the price.
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The Oxford Handbook Of Pricing Management
Authors: Ozalp Ozer, Robert Phillips
1st Edition
0199543178, 978-0199543175
