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Refer to Table 10-1, assume interest rates in the market (yield to maturity) are 20 percent for 20 years on a bond paying 10 percent.
Refer to Table 10-1, assume interest rates in the market (yield to maturity) are 20 percent for 20 years on a bond paying 10 percent. a. What is the price of the bond? b. Assume 5 years ...
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