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Problem 15-12 Below is a list of prices for zero-coupon bonds of various maturities. a. A 5.2% coupon $1,000 par bond pays an annual coupon
Problem 15-12 Below is a list of prices for zero-coupon bonds of various maturities. a. A 5.2% coupon $1,000 par bond pays an annual coupon and will mature in 3 years. What should the yield to matur...
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