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A bond has a $1,000 par value, a 12% annual coupon, and matures in 20 years. What is the price of this bond (to the
A bond has a $1,000 par value, a 12% annual coupon, and matures in 20 years. What is the price of this bond (to the nearest dollar) if it has a yield of 12%?
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Handbook Of Research On Decision Making Techniques In Financial Marketing
Authors: Hasan Dinçer, Serhat Yüksel
1st Edition
1799825590, 978-1799825593
