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a bond with an 11% coupon 10 years left to maturity and a par value of $1,000 that pays interest semi-annually is trading at a
a bond with an 11% coupon 10 years left to maturity and a par value of $1,000 that pays interest semi-annually is trading at a current price of $1,300 you buy the bond expecting to hold it to maturity what is the annualized discount rate the market is using to value 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
