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A bond pays an 8.6% coupon on a semiannual basis. The par value is $5000. If the maturity is 12 years, and your required rate
A bond pays an 8.6% coupon on a semiannual basis. The par value is $5000. If the maturity is 12 years, and your required rate is 10%, what is the value of the bond to you today?
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Advanced Modelling In Mathematical Finance
Authors: Jan Kallsen, Antonis Papapantoleon
1st Edition
3319458736, 978-3319458731
