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How do you derive at 3.53% and 7.06%. Can you tell me the formula? A 20-year, 8% semiannual coupon bond with a par value of
How do you derive at 3.53% and 7.06%. Can you tell me the formula? A 20-year, 8% semiannual coupon bond with a par value of $1,000 may be called in 5 years at a call p The bond sells for $1,100. (Assu...
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