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Bond Prices A $1,000 par bond that pays interest semiannually has a quoted coupon rate of 6%, a promised yield to maturity of 6.8% and
Bond Prices A $1,000 par bond that pays interest semiannually has a quoted coupon rate of 6%, a promised yield to maturity of 6.8% and exactly 8 years to maturity. What is the bond's current value?
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Comparative Public Budgeting
Authors: George M Guess
2nd Edition
1316648109, 978-1316648100
