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A municipal bond with a coupon rate of 3.3 percent has a yield to maturity of 4.3 percent. Assume a face value of $5,000. If
| A municipal bond with a coupon rate of 3.3 percent has a yield to maturity of 4.3 percent. Assume a face value of $5,000. If the bond has 15 years to maturity, what is the price of the bond? |
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Financial Management An Introduction
Authors: Jim McMenamin
1st Edition
0415181623, 9780415181624
