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please help Question Help Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a face value of $1,000, and a
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Question Help 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 7.6% (annual payments), The yield to maturity on this bond when it was issued was 5.8%. What was the price of this bond when it was issued? When it was issued, the price of the bond was $(Round to the nearest cent.) Step by Step Solution
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The Oxford Handbook Of The Sociology Of Finance
Authors: Karin Knorr Cetina, Alex Preda
1st Edition
0198708777, 978-0198708773
