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Consider the following bond: Coupon rate = 11% Maturity = 18 years Par Value = $1000 Price $1,169 Yield To Maturity = 1 1
Consider the following bond: Coupon rate = 11% Maturity = 18 years Par Value = $1000 Price $1,169 Yield To Maturity = 1 1 Price=C (1+ y)" y M + (1+y)"
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
