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A bond that was issued five years ago at 5% and has 25 years until maturity. The current interest rate for similar bonds is 6%.
A bond that was issued five years ago at 5% and has 25 years until maturity. The current interest rate for similar bonds is 6%. What is the bond worth today?
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Sports Finance And Management Real Estate Entertainment And The Remaking Of The Business
Authors: Jason A. Winfree, Mark S. Rosentraub, Brian M Mills
1st Edition
1439844712, 9781439844717
