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Suppose you purchase a newly issued 10-year bond with a 4% coupon paid semi-annually at (5) a yield of 6%. What is the price of
Suppose you purchase a newly issued 10-year bond with a 4% coupon paid semi-annually at (5) a yield of 6%. What is the price of the bond?
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Foundations Of Financial Management
Authors: Stanley B Block, Geoffrey A Hirt
12th Edition
0073295817, 9780073295817
