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Consider a 10-year $1,000 farm with a 6% coupon rate and annual coupons is training with a YTM of 6%. It's on price is $
Consider a 10-year $1,000 farm with a 6% coupon rate and annual coupons is training with a YTM of 6%. It's on price is $
The bond price is $1000 We can do this without any calculations because the coupon rate and the YTM rate is the same NOTES COMMENTS a P! ly
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
7th Edition
0073530751, 9780073530758
