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Dri-Mark, Inc. has debentures outstanding that will mature 12 years from today with a coupon interest rate of 6% paid semi-annually. If you desire a
Dri-Mark, Inc. has debentures outstanding that will mature 12 years from today with a coupon interest rate of 6% paid semi-annually. If you desire a 5% YTM, what is the maximum price you are willing to pay?
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Public Finance In Theory And Practice
Authors: Holley Ulbrich
2nd Edition
041558597X, 978-0415585972
