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A company has bonds with 10-year maturity, 6.25% coupon rate with semi-annual payments, and par value of $1,000. The market interest rate is 5%. What
A company has bonds with 10-year maturity, 6.25% coupon rate with semi-annual payments, and par value of $1,000. The market interest rate is 5%. What is the bonds price?
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The Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
13th Global Edition
1292409487, 978-1292409481
