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ABC Corp. issued a 12 percent, 20 year coupon rate bond 5 years ago. Interest rates are now 4 percent. Based on semi-annual analysis using
ABC Corp. issued a 12 percent, 20 year coupon rate bond 5 years ago. Interest rates are now 4 percent.
Based on semi-annual analysis using your calculator, what is the current price of the bond?
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Introductory Course On Financial Mathematics
Authors: M V Tretyakov
1st Edition
1908977388, 978-1908977380
