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Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going interest rate (r d ) is
Haswell Enterprises' bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 7.5%, based on semiannual compounding. What is the bond's price?
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International Finance
Authors: Keith Pilbeam
5th Edition
1350347094, 978-1350347090
