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Suppose today a 10.31 percent coupon bond sells at par. Two years from now, the required return on the same bond is 5.38 percent. What
Suppose today a 10.31 percent coupon bond sells at par. Two years from now, the required return on the same bond is 5.38 percent. What is the coupon rate on the bond?
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
