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Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 13 years Coupon rate: 8 percent Semiannual payments Calculate the price
| Microhard has issued a bond with the following characteristics: |
| Par: $1,000 |
| Time to maturity: 13 years |
| Coupon rate: 8 percent |
| Semiannual payments |
| Calculate the price of this bond if the YTM is: 8 percent 10 percent 6 percent |
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Principles Of Finance
Authors: Besley, Scott Besley, Eugene F Brigham, Brigham
4th Edition
0324655886, 9780324655889
