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Suppose you are looking at a bond that has a 10% annual coupon and a face value of $1,000. There are 20 years to maturity
Suppose you are looking at a bond that has a 10% annual coupon and a face value of $1,000. There are 20 years to maturity and the yield to maturity is 5%. What is the value of the bond? 1 answer
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Financial Accounting An Integrated Statements Approach
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
2nd Edition
324312113, 978-0324312119
