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A bond that matures in 8 years has a par value of $1000 and an annual coupon payment of $70. Market interest rates are 9%.
A bond that matures in 8 years has a par value of $1000 and an annual coupon payment of $70. Market interest rates are 9%. What is the price of the bond? Is it a premium or discount bond
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The Risk Modeling Evaluation Handbook Rethinking Financial Risk Management Methodologies In The Global Capital Markets
Authors: Greg Gregoriou, Christian Hoppe, Carsten Wehn
1st Edition
0071663703, 978-0071663700
