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A 8 percent coupon $1000 bond matures in 6 years, pays interest annually, and has a yield to maturity of 8 percent. What is the
A 8 percent coupon $1000 bond matures in 6 years, pays interest annually, and has a yield to maturity of 8 percent. What is the current market price of the bond?
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Foundations Of Finance
Authors: Arthur J. Keown, John H. Martin, J. William Petty
9th Edition
978-0134083285, 134083288, 978-0134084015
