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Citigroup has just issued a coupon bond that will pay $70 each year for the next 11 years. The bond's yield-to-maturity is 6.7%. What is
Citigroup has just issued a coupon bond that will pay $70 each year for the next 11 years. The bond's yield-to-maturity is 6.7%. What is the price of the bond?
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Theoretical Foundations For Quantitative Finance
Authors: Luca Spadafora, Gennady P Berman
1st Edition
9813202475, 978-9813202474
