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please show me the full step to compare with my answer I appreciate ur help A bond with a face value of $3,000 and an
please show me the full step to compare with my answer
I appreciate ur help
A bond with a face value of $3,000 and an annual coupon rate of 10% convertible semiannually will mature in 12 years for its face value. If the bond is priced using a nominal yield rate of 8% convertible semiannually, what is the amount of premium or discount in this bondStep by Step Solution
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