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A bond has a face value of $5,000, a coupon rate of 7%, and 11 years to maturity. If the bond sells for $5,022, what
A bond has a face value of $5,000, a coupon rate of 7%, and 11 years to maturity. If the bond sells for $5,022, what is the price of the bond in percentage of par?
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Financial Accounting A Focus On Interpretation And Analysis
Authors: Richard F Kochanek, A Douglas Hillman
7th Edition
1111061750, 9781111061753
