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A bond paying 5% coupon on a 30/360 basis matures in exactly one year's time, on a good business day. The YTM of the bond
A bond paying 5% coupon on a 30/360 basis matures in exactly one year's time, on a good business day. The YTM of the bond is 5%.
What is the price of the bond?
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Communication Essentials For Financial Planners
Authors: John E. Grable
1st Edition
1119350786, 978-1119350781
