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DO NOT USE EXCEL An m-year bond with par value $2,400 has annual coupons of $128. At a price of $2,012.50, the yield to the
DO NOT USE EXCEL
An m-year bond with par value $2,400 has annual coupons of $128. At a price of $2,012.50, the yield to the purchaser is 8% convertible semiannually. Find mStep by Step Solution
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