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Gugenheim, Inc., has a bond outstanding with a coupon rate of 6.2 percent and annual payments. The yield to maturity is 7.2 percent and the
Gugenheim, Inc., has a bond outstanding with a coupon rate of 6.2 percent and annual payments. The yield to maturity is 7.2 percent and the bond matures in 16 years. What is the market price if the bond has a par value of $2,000?
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Exchange Rates and International Finance
Authors: Laurence Copeland
6th edition
273786040, 978-0273786047
