Assume that Microsoft bonds have just left the printer and have a stated coupon of$100 (a coupon

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Assume that Microsoft bonds have just left the printer and have a stated coupon of$100 (a coupon rate of10%) and a yieldminus

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maturity of15%. The bonds mature in three years and the next coupon is due in one year. What is the fair price for the bondtoday?

Posted Date: Jun 10, 2024 03:29 AM

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Assume that Microsoft bonds have just left the printer and have a stated coupon of$100 (a coupon

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