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ABC Corp. issue a $1000, 10 percent, 15 year bond. The Market rate is 8%. Based on semi-annual analysis, what is the current price of
ABC Corp. issue a $1000, 10 percent, 15 year bond. The Market rate is 8%. Based on semi-annual analysis, what is the current price of the bond? Was the bond sold at a premium or a discount?
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
