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Example #4, On January 1, 2016 a company issues 100 bonds, each for $1,000, for a discount, as the interest rate on the bond (stated/coupon
Example #4, On January 1, 2016 a company issues 100 bonds, each for $1,000, for a discount, as the interest rate on the bond (stated/coupon rate) is 3% and the market rate is 4%. They then used this c...
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