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Builtrite bonds have the following: 5 1/2% coupon, 16 years until maturity, $1000 par and are currently selling at $1044. If you purchase this bond,
Builtrite bonds have the following: 5 1/2% coupon, 16 years until maturity, $1000 par and are currently selling at $1044. If you purchase this bond, what would be your AYTM?
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The Handbook Of Municipal Bonds
Authors: Frank J. Fabozzi, Sylvan G. Feldstein
1st Edition
0470108754, 9780470108758
