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Consider an 8-year, 8% coupon bond selling at a yield of 6% APR. At what price does it sell? One year later, at what price
Consider an 8-year, 8% coupon bond selling at a yield of 6% APR. At what price does it sell?
One year later, at what price does that 8% coupon bond sell if yields remain the same?
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The New Managed Account Solutions Handbook
Authors: Stephen D. Gresham, Arlen S. Oransky
1st Edition
0470222786, 978-0470222782
