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Describe how the annual bond valuation formula is changed to evaluate semi-annual coupon bonds. Then, write out the revised formula.
- Describe how the annual bond valuation formula is changed to evaluate semi-annual coupon bonds. Then, write out the revised formula.
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To evaluate semiannual coupon bonds you need to adjust the annual bond valuation formula ...
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
11th edition
978-1111530266
