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Compute the price of a 5.0 percent coupon bond with 10 years left to maturity and a market interest rate of 78 percent. (Assume interest
Compute the price of a 5.0 percent coupon bond with 10 years left to maturity and a market interest rate of 78 percent. (Assume interest payments are semiannual) (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Bond price Is this a discount or premium bond? O discount bond O premium bond
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Mutual Fund Industry Handbook
Authors: Gremillion
1st Edition
0471736244, 978-0471736240
