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A bond which matures in 5 years has a par value of $1000 and an annual coupon of $80 dollars. The market interest rate is
A bond which matures in 5 years has a par value of $1000 and an annual coupon of $80 dollars. The market interest rate is 10%. What is its price?
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The Palgrave Handbook Of Government Budget Forecasting
Authors: Daniel Williams, Thad Calabrese
1st Edition
3030181944, 978-3030181949
