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A 5-year bond with YTM of 12% and par value of $1000 pays an 8% annual coupon. 9.1 What is the bond's price? 9.2 What
A 5-year bond with YTM of 12% and par value of $1000 pays an 8% annual coupon. 9.1 What is the bond's price? 9.2 What is the bond's duration? 9.3 Use the duration to calculate the effect of 0.2% i...
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
