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What is a fair price for a $1000 face value bond that pays a 3% semiannual coupon that matures in 6 years if I want
What is a fair price for a $1000 face value bond that pays a 3% semiannual coupon that matures in 6 years if I want a 5.5% rate of return on my investment?
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The fair price of the bond you described can be calculated using the following formula Fair Price Pr...
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
