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Consider a bond that pays 6% semiannually and has 10 years to maturity. The market requires an interest rate of 5% on bonds of this
Consider a bond that pays 6% semiannually and has 10 years to maturity. The market requires an interest rate of 5% on bonds of this risk. What is this bond's price?
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Financial And Managerial Accounting
Authors: John J. Wild
9th Edition
1260728773, 9781260728774
