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Calculate the price of a $1,000 bond that pays a 4% semi-annual coupon with 25 years to maturity. The required rate is 8%. (Detailed Calculations
Calculate the price of a $1,000 bond that pays a 4% semi-annual coupon with 25 years to maturity. The required rate is 8%. (Detailed Calculations Please)
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
