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A firm has a non - callable bond maturing in 9 years with a par value of $ 1 , 0 0 0 . Those
A firm has a noncallable bond maturing in years with a par value of $ Those bonds make annual coupon payments of $ The market interest rate on similar bonds is What is the bonds price round your answer to two decimal places i Describe the assumptions related to the problem, ii Apply the appropriate mathematical model, iii Calculation
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