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A bond with a coupon of 10% is going to mature after 5 years. The yield to maturity of the bond is 8%. The coupon
A bond with a coupon of 10% is going to mature after 5 years. The yield to maturity of the bond is 8%. The coupon is paid annually. What is the current price of the bond? Also estimate the modified du...
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
