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Problem 1 Suppose a German company issues a bond with a par value of ?1,000, with 23 years to maturity, and a coupon rate of

Problem 1 Suppose a German company issues a bond with a par value of â?¬1,000, with 23 years to maturity, and a coupon rate of 3.8 percent paid annually. If the yield to maturity is 4.7 percent, ...

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