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A general Motors bond carries a coupon rate of 9.65%, has 8 years until maturity, and sells at a yield to maturity of 13.49%. What
A general Motors bond carries a coupon rate of 9.65%, has 8 years until maturity, and sells at a yield to maturity of 13.49%. What price does the bond sell?
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A Study In Public Finance
Authors: A. C. Pigou
1st Edition
1443722766, 978-1443722766
