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Suppose you invested in a bond three years ago. The bond pays an annual coupon of $85. When you bought it, it was selling for
- Suppose you invested in a bond three years ago. The bond pays an annual coupon of $85. When you bought it, it was selling for $965. You just calculated that your HPR on the bond is 35%. Given this, what is the current price of the bond?
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Principles Of Food Beverage And Labor Cost Controls
Authors: Paul R. Dittmer, J. Desmond Keefe III
9th Edition
0471783471, 978-0471783473
