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An annual coupon bond has coupon payment = $500, YTM = 8%, and maturity = 5 years.If the price ofthe bond is $9,400, what must
Anannual couponbond has coupon payment = $500, YTM = 8%, and maturity = 5 years.If the price ofthe bond is $9,400, what must be the face value?
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
14th Global Edition
1292018208, 978-1292018201
