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Find the market price of a $1,000 Face value, 16-month maturity, 8% coupon bond when its YTM is 6%. Coupons are paid semiannually.
Find the market price of a $1,000 Face value, 16-month maturity, 8% coupon bond when its YTM is 6%. Coupons are paid semiannually.
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Personal Finance Turning Money Into Wealth
Authors: Arthur Keown
8th Edition
0134730364, 978-0134730363
