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A 30-year 5.000% semi-annual coupon bond has a current price of 103.212% of PAR.If the tenor of the bond is 16 years, what must the
A 30-year 5.000% semi-annual coupon bond has a current price of 103.212% of PAR.If the tenor of the bond is 16 years, what must the yield to maturity be?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
