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how to solve with the equation and Time value money (what i would type in on the calculator) Frequency of Coupon Payments Consider an 6%
how to solve with the equation and Time value money (what i would type in on the calculator)
Frequency of Coupon Payments Consider an 6% coupon, 30-year maturity bond with face value of $1,000 paying 60 semiannual coupon payments of $30 cach. Suppose that the interest rate (yield to maturity) is 8% annually. Then what is the value of this bond Step by Step Solution
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