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Suppose that a 10-year bond with a face value of $2000 pays semi-annual coupons at a rate of j2=7.4%. If the bond is redeemable for
Suppose that a 10-year bond with a face value of $2000 pays semi-annual coupons at a rate of j2=7.4%. If the bond is redeemable for $1900, find the price to yield j2=12.4%
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
9th Edition
032431986X, 9780324319866
