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Edison Utilities issued 10-year bonds one year ago at a coupon rate of 8,75%.The bonds make semi annual payments. If the YTM on these bonds
Edison Utilities issued 10-year bonds one year ago at a coupon rate of 8,75%.The bonds make semi annual payments. If the YTM on these bonds is 7,25%,what is the current bond price?
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Personal Finance
Authors: Jack Kapoor, Les R. Dlabay, Robert J. Hughes
2nd Edition
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