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A bond has a coupon rate of 7.2% and pays coupons annually. The bond matures in 19 years and the yield to maturity on similar
A bond has a coupon rate of 7.2% and pays coupons annually. The bond matures in 19 years and the yield to maturity on similar bonds is 4.6%. What is the price of the bond? 2 answers
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
