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Bat Company's BBB 10% bonds have a face value of $1,000 and pay interest semi-annually. They mature in 14 years, and their YTM is currently
Bat Company's BBB 10% bonds have a face value of $1,000 and pay interest semi-annually. They mature in 14 years, and their YTM is currently 9%. What is the price of a Bat Company Bond?
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Modern Equity Investing Strategies
Authors: Anatoly B Schmidt
1st Edition
9811239495, 978-9811239496
