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New Mexico States bonds mature in 9 years, have a par value of $1,000, and make an annual coupon payment of $80. The market interest
New Mexico States bonds mature in 9 years, have a par value of $1,000, and make an annual coupon payment of $80. The market interest rate for the bonds is 7.5%. What is the bond's price?
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Private Debt Yield Safety And The Emergence Of Alternative Lending
Authors: Stephen L. Nesbitt
2nd Edition
1119944392, 978-1119944393
