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A bond with 10 years to maturity pays a 8% coupon. The bond makes semi-annual payments. If the bond has a YTM of 3%, what
A bond with 10 years to maturity pays a 8% coupon. The bond makes semi-annual payments. If the bond has a YTM of 3%, what is the current price of the bond?
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Financial Management
Authors: I.M. Pandey
11th Edition
9325982293, 978-9325982291
