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Three years ago you purchased a 9% coupon bond that pays semiannual coupon payments for $964. What would be your bond equivalent yield if you
Three years ago you purchased a 9% coupon bond that pays semiannual coupon payments for $964. What would be your bond equivalent yield if you sold the bond for current market price of $1053?
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Production And Operations Analytics
Authors: Steven Nahmias, Tava Lennon Olsen
8th Edition
1478639261, 9781478639268
