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The price of a 10-year bond, with a par value of $1000, annual coupon rate of 5% (paid semi-annually), and annual APR of 3% is:
The price of a 10-year bond, with a par value of $1000, annual coupon rate of 5% (paid semi-annually), and annual APR of 3% is:
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Managerial Accounting Creating Value in a Dynamic Business Environment
Authors: Ronald Hilton, David Platt
10th edition
78025664, 978-0078025662
