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The bond of XYZ corp. has left 7 years to maturity. This bond makes monthly payments with 6% coupon rate and the YTM is 12%.
The bond of XYZ corp. has left 7 years to maturity. This bond makes monthly payments with 6% coupon rate and the YTM is 12%. What is the current value of this bond?
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Financial Management Core Concepts
Authors: Raymond Brooks
3rd Edition
0133866742, 9780133866742
