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Suppose the current yield for a one-year treasury bond is 2%, but I have a 2-year bond with one year remaining on it that offers
Suppose the current yield for a one-year treasury bond is 2%, but I have a 2-year bond with one year remaining on it that offers an interest rate of 4% per year, and a face value of $10,000. Calculate the price of my bond in this market
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Financial Literacy For Managers
Authors: Richard A. Lambert
1st Edition
1613630182, 978-1613630181
