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I NEED HELP ASAP!!! Please use EXCEL I WILL RATE! Thank you so much! :) You are looking at a bond that has 20 years
I NEED HELP ASAP!!! Please use EXCEL
I WILL RATE!
Thank you so much! :)
You are looking at a bond that has 20 years to maturity. The coupon rate is 9% and coupons are paid semiannually. The yield-to-maturity is 7%. What is the current price? Is it a premium bond or a discount bondStep by Step Solution
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