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Assume a par value of $1,000. Caspian Sea plans to issue a 25.00 year, annual pay bond that has a coupon rate of 9.00%. If
Assume a par value of $1,000. Caspian Sea plans to issue a 25.00 year, annual pay bond that has a coupon rate of 9.00%. If the yield to maturity for the bond is 9.0%, what will the price of the bond be?
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Ethics In Finance
Authors: John R. Boatright
3rd Edition
1118615824, 978-1118615829
