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Bonds of Xanadu Inc. pays 10 percent coupon rate; has $100.00 par value, and 16 years to maturity. What is the price of this bond
Bonds of Xanadu Inc. pays 10 percent coupon rate; has $100.00 par value, and 16 years to maturity. What is the price of this bond if the yield to maturity is 9 percent?
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Public Finance In A Changing World
Authors: Peter Birch Sorensen
1998th Edition
0333682211, 978-0333682210
