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A General Motors bond carries a coupon rate of 9.52 %, has 28 years until maturity, and sells at a yield to maturity of
A General Motors bond carries a coupon rate of 9.52 %, has 28 years until maturity, and sells at a yield to maturity of 6.15%. What price does the bond sell? (Assume annual interest payments) Numeric Response
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
