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Suppose a bond is priced at $809.00, has 9 years remaining until maturity, and has a 14% coupon, paid monthly. What is the amount of
Suppose a bond is priced at $809.00, has 9 years remaining until maturity, and has a 14% coupon, paid monthly. What is the amount of the next interest payment?
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$9.44
$140.00
$113.26
$11.67
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Principles Of Public Finance
Authors: Toshihiro Ihori
1st Edition
9811023883, 978-9811023880
