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The par value of 10% debenture is $1,000 with maturity is 3 years. Calculate the price by general floating formula if interest rate is (a)
The par value of 10% debenture is $1,000 with maturity is 3 years.
Calculate the price by general floating formula if interest rate is
(a) 12%,
(b) 10% and
(c) 8%
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
14th edition
133879879, 978-0133879872
