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A 7 year bond is issued today that has a coupon rate of 9%. Theface value of the bond is $1,000. At the time of
A 7 year bond is issued today that has a coupon rate of 9%. Theface value of the bond is $1,000. At the time of issue, the averagemarket interest rate is 9%. Coupons are paid at the end of eachyear 2 answers
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Value at Risk The New Benchmark for Managing Financial Risk
Authors: Philippe Jorion
3rd edition
0070700427, 71464956, 978-0071464956
