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A bond ($1,000 face. pays an 8% coupon, semi-annually, with a maturity of 10 years) Interest rates are 8%. What is the present value of
A bond ($1,000 face. pays an 8% coupon, semi-annually, with a maturity of 10 years) Interest rates are 8%. What is the present value of this bond?
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Finance For Growing Enterprises
Authors: Edward W. Davis, Roger Buckland
1st Edition
1138679941, 978-1138679948
