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suppose that genernal motors issued a bond with 10 years until maturity, a face value of $1,000 and a coupon rate of 7.3% (annual payments).
suppose that genernal motors issued a bond with 10 years until maturity, a face value of $1,000 and a coupon rate of 7.3% (annual payments). the yueld to maturity on this bond when it was issued was 5.8%. what was the price of this bond when it was issued?
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