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Ben has a $10,000 face bond, with a 4.5% semi annual coupon, and 17 years to maturity. If interest rates today for a bond with
Ben has a $10,000 face bond, with a 4.5% semi annual coupon, and 17 years to maturity. If interest rates today for a bond with the same characteristics are 5.8% what should the value of his bond be today? Input your answer to two decimal places (include pennies)
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Financial Accounting Essentials You Always Wanted To Know Self Learning Management Series
Authors: Vibrant Publishers , Kalpesh Ashar
5th Edition
1636510973, 978-1636510972
