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The Burning Cash company raised $1m through a 10-year bond issue on the 31 st of December 2019. The bond pays 5% pa in coupons,
The Burning Cash company raised $1m through a 10-year bond issue on the 31 st of December 2019. The bond pays 5% pa in coupons, with coupons paid quarterly. Calculate the price of the bond on the 8 th...
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