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m Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a face value of $1,000, and a coupon rate of
m Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a face value of $1,000, and a coupon rate of 73% (annual payments) The yield to maturity on this bond when it was issued was 625. Assuming the yield to matury reman constant, what is the edian anert makes its first coupon payment? After the best coupon payment the price of the bond will be SL (Round to the nearest cent) Enter your answer in the answer box Type here to search SAMSUNG
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