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Assume a 2-year US bond with a Future Value of $1000 and coupon rate of 8% (paying annually) is being sold at par value. What
Assume a 2-year US bond with a Future Value of $1000 and coupon rate of 8% (paying annually) is being sold at par value. What is the new price of the bond, if the YTM is reduced to 7%
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Production And Operations Analysis
Authors: Steven Nahmias, Tava Lennon Olsen
7th Edition
1478623063, 9781478623069
