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It has a $ 5,000 face value, five years to maturity, carries a 3% coupon (paid annually) and has a yield to maturity of 4%.
It has a $ 5,000 face value, five years to maturity, carries a 3% coupon (paid annually) and has a yield to maturity of 4%. What is the market price of the bond?
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Enterprise Risk Management In Finance
Authors: David L. Olson, Desheng Dash Wu
1st Edition
1349691038, 978-1349691036
