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A bond pays a 9.5% coupon on an annual basis. The par value is $1000, and the bond matures in 15 years. If your required
A bond pays a 9.5% coupon on an annual basis.
The par value is $1000, and the bond matures in 15 years. If your required rate is 12%, what is the value of the bond to you?
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The Financialized Economy
Authors: Alexander Styhre
1st Edition
0367754568, 978-0367754563
