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ABChas issued a bond with the following characteristics: Par: $1000;Time to maturity:16 years;Coupon rate: 9%; Assume annual coupon payments.Calculate the price of this bond if
ABChas issued a bond with the following characteristics:
Par: $1000;Time to maturity:16 years;Coupon rate: 9%;
Assume annual coupon payments.Calculate the price of this bond if the YTM is 9.33%
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
