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A 8-year bond with a face value of $1000 pays semi-annual coupons at j 2 = 10.2%. If the bond sells for $1272.59 to yield
A 8-year bond with a face value of $1000 pays semi-annual coupons at j2= 10.2%. If the bond sells for $1272.59 to yield an investor j2= 7.1%, what is the redemption value?
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Finance
Authors: Angelico Groppelli, Ehsan Nikbakht
2nd Edition
0812043731, 978-0812043730
