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A corporate bond has 17 years to maturity, a face value of $1,000, a coupon rate of 5.1% and pays interest semiannually. The annual market
A corporate bond has 17 years to maturity, a face value of $1,000, a coupon rate of 5.1% and pays interest semiannually. The annual market interest rate for similar bonds is 3.2%.
What is the value of the bond?
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Weathering The Storm A Quick Guide To Safeguarding Your Finances During Economic Recession
Authors: Liam Wilhelm
1st Edition
979-8864393628
