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A corporate bond with a $1,000 face value pays a $80 coupon every six months. The bond will mature in 10 years, and has a
A corporate bond with a $1,000 face value pays a $80 coupon every six months. The bond will mature in 10 years, and has a nominal yield to maturity of 9 percent. What is the price of the bond?
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An Introduction To Financial Markets A Quantitative Approach
Authors: Paolo Brandimarte
1st Edition
1118014774, 9781118014776
