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(CHAPTERS 4-5-8-9) You own 4% coupon bonds from Company A, Inc. Their face value is $1,000. The bonds have 14 years left to maturity. The
(CHAPTERS 4-5-8-9) You own 4% coupon bonds from Company A, Inc. Their face value is $1,000. The bonds have 14 years left to maturity. The yield to maturity is 6%.
Each bond can be sold for
if coupons are paid annually | if coupon are paid semiannually | ||
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