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Calculate the price of a five-year bond that has a coupon rate of 8.0 percent paid annually. The current market rate is 4.10 percent. What
Calculate the price of a five-year bond that has a coupon rate of 8.0 percent paid annually. The current market rate is 4.10 percent.
What is the price of this bond? $
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Money Banking And Financial Markets
Authors: Stephen G. Cecchetti
1st Edition
0072452692, 9780072452693
