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Haswell Enterprises' semiannual bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going rate of interest is 4.75%.
Haswell Enterprises' semiannual bonds have a 10-year maturity, a 6.25% semiannual coupon, and a par value of $1,000. The going rate of interest is 4.75%. What is the bond's price?
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Case Studies In Finance
Authors: Robert F. Bruner
4th Edition
0072338628, 978-0072338621
