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A 4-year bond with a coupon of 9% interest and a 12-year bond with a 7% coupon payment. The current yield-to-maturity is 8%. What is
A 4-year bond with a coupon of 9% interest and a 12-year bond with a 7% coupon payment. The current yield-to-maturity is 8%.
What is the present value of each bond given the 8% YTM?
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AI In The Financial Markets
Authors: Federico Cecconi
1st Edition
3031265173, 978-3031265174
