Question
The market price of a bond equals A. The simple sum of the coupons yet to be paid plus principal B. The sum of the
The market price of a bond equals
A. The simple sum of the coupons yet to be paid plus principal
B. The sum of the coupons divided by the desired yield to maturity
C. The net present value of the coupons and principal payment
D. Par value
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Real Estate Finance
Authors: John P. Wiedemer, Keith J. Baker
9th edition
324181426, 324181425, 978-0324181425
