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even though most corporate bonds in the united states make coupon payments simiannually, bonds issued elswhere often have annual coupon payments. Suppose a german company
even though most corporate bonds in the united states make coupon payments simiannually, bonds issued elswhere often have annual coupon payments. Suppose a german company issues a bond with a par value of $1000 25 yrs to maturity, and a coupon rate of 6.4 percent paid annually if the yield to matuity is 7.5% percent, what is the current price of the bond
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