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Bellingham bonds have an annual coupon rate of 8 percent and a parvalue of $1,000 and will mature in 20 years. If you require a
Bellingham bonds have an annual coupon rate of 8 percent and a parvalue of $1,000 and will mature in 20 years. If you require a return of 7 percent, what pricewould you be willing to pay for the bond? What happens if you pay more for the bond? Whathappens if you pay less for the bond
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Securitisation Derivatives A Practioner's Handbook
Authors: Mark Aarons, Vlad Ender, Andrew Wilkinson
1st Edition
1119532272, 978-1119532279
