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A tech firm called IDK, Inc. has bonds that carry a 4% semi-annual coupon. These bonds mature in 16 years, and the face value is
A tech firm called IDK, Inc. has bonds that carry a 4% semi-annual coupon. These bonds mature in 16 years, and the face value is $1,000. What is the current price of these bonds if the YTM (the going market rate, rd) equals 5 percent? $891.62 $525.92 $890.75 $934.72 $1327.74
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Fiduciary Finance Investment Funds And The Crisis In Financial Markets
Authors: Martin Gold
1st Edition
1848448953, 9781848448957
