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How much would an investor expect to pay for a $1,000 par value bond with a 6% annual coupon that matures in 11 years if
How much would an investor expect to pay for a $1,000 par value bond with a 6% annual coupon that matures in 11 years if the interest rate is 11%.
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
7th Edition
0321122356, 978-0321122353
