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A 5.1% coupon bonds has a par value of $1,000 and 16 years remaining until maturity. If the bond's yield-to-maturity is 11.5%, what is its
A 5.1% coupon bonds has a par value of $1,000 and 16 years remaining until maturity. If the bond's yield-to-maturity is 11.5%, what is its price?
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Public Finance
Authors: Richard W. Tresch
4th Edition
0128228644, 978-0128228647
