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Find the present value of a bond with a maturity date 16 years from now, 14% yearly coupons, and a face value of $15,000, given
Find the present value of a bond with a maturity date 16 years from now, 14% yearly coupons, and a face value of $15,000, given an effective annual discount rate of 12%. Select one: 0 a. $17,970 b. $17,324 c. $18,320 d. $17,092 e. $16,500 O o
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Advanced Modelling In Mathematical Finance
Authors: Jan Kallsen, Antonis Papapantoleon
1st Edition
3319458736, 978-3319458731
