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Columbia, Inc., has a bond outstanding with a coupon rate of 3.5 percent paid semiannually and 13 years to maturity. The yield to maturity on
| Columbia, Inc., has a bond outstanding with a coupon rate of 3.5 percent paid semiannually and 13 years to maturity. The yield to maturity on the bond is 2.5 percent and the bond has a par value of $10,000. What is the market value of the bond? |
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Cases In Healthcare Finance
Authors: Louis Gapenski
5th Edition
1567936113, 978-1567936117
