Question
Can somebody please explain the answer (6.82) using the equation below? ( (Annual Interest Payment) + ( (Face Value - Current Price) / (Years to
Can somebody please explain the answer (6.82) using the equation below?
( (Annual Interest Payment) + ( (Face Value - Current Price) / (Years to Maturity) ) ) / ( ( Face Value + Current Price ) / 2 )
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Teaching Public Budgeting And Finance
Authors: Meagan M. Jordan, Bruce D. McDonald III
1st Edition
1032146680, 978-1032146683
