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A bond with a face value of $1,000 has an 13.55 percent coupon and pays interest semiannually. The current yield is 8.81 percent. What is
A bond with a face value of $1,000 has an 13.55 percent coupon and pays interest semiannually. The current yield is 8.81 percent. What is the price of the bond?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
