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GAT. Inc. has issued a $1.000 par 4% annual coupon bond that is to mature in 18 years. If your required rate of return is
GAT. Inc. has issued a $1.000 par 4% annual coupon bond that is to mature in 18 years. If
your required rate of return is 6.5%, what price would you be willing to pay for the bond?
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Analysis For Financial Management
Authors: Robert C Higgins
8th International Edition
0071257063, 9780071257060
