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Now, it is 1/1/2008. Company ABX has a 9% annual coupon bond which matures in three years from today, i.e., in 12/31/2010. The YTM of
Now, it is 1/1/2008. Company ABX has a 9% annual coupon bond which matures in three years from today, i.e., in 12/31/2010. The YTM of the bond is 10%. What is the current market price of the bond? $957.25 $967.67 $975.13 $982.64 $1,011.23
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