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ch 13 Prob 1b. A $1000 bond has a coupon of 6 percent. What would be the price if comparable debt yields 8 % and
ch 13 Prob 1b. A $1000 bond has a coupon of 6 percent. What would be the price if comparable debt yields 8 % and the bond matures after 5 years? (Assume annual payments. Hint: set up calculator to 1 P/YR). Type just the number, no commas, no symbols, to the nearest penny
ch 13 Prob 1b. A $1000 bond has a coupon of 6 percent. What would be the price if comparable debt yields 8 % and the bond matures after 5 years? (Assume annual payments. Hint: set up calculator to 1 P/YR). Type just the number, no commas, no symbols, to the nearest penny
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