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If a 10-year, $1000 bond currently pays $65 annually and current interest rates are 7.50%, what is the present value of the bond?
If a 10-year, $1000 bond currently pays $65 annually and current interest rates are 7.50%, what is the present value of the bond?
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
