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Assume that on January 1, 20X12, the firm sold another bond issue (20 years, semi-annual interest). The coupon rate was 6 percent, yield-to-maturity is 4
Assume that on January 1, 20X12, the firm sold another bond issue (20 years, semi-annual interest). The coupon rate was 6 percent, yield-to-maturity is 4 percent, and face value is $1,000,000 (1,000 b...
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