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Assume semi-annual payments. A bond has a coupon rate of 3.4% when yields are 3.85%. If the bond has 19 years to maturity, what is
Assume semi-annual payments. A bond has a coupon rate of 3.4% when yields are 3.85%. If the bond has 19 years to maturity, what is the price of the bond?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
7th Edition
0030333288, 9780030333286
