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In 2010, ABC Company bought a bond with a face value of $7,500, 5.75% coupon rate and 20 years of maturity. After 7 years, ABC
In 2010, ABC Company bought a bond with a face value of $7,500, 5.75% coupon rate and 20 years of maturity. After 7 years, ABC Company wants to know the present value of the bond, while the same bond is offered at 6.30% by Treasury. Determine the ABC Companys bond value at the time
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
