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A bond that matures in 12 years has a par value of P1000 and annual coupon of 10% the market interest rate is 8%. What
A bond that matures in 12 years has a par value of P1000 and annual coupon of 10% the market interest rate is 8%. What is its price?
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Internal Quality Auditing
Authors: Denis Pronovost
1st Edition
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