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To the nearest dollar, what is the current price of a 9%, $1,000 annual coupon bond that has eighteen years to maturity and a yield
To the nearest dollar, what is the current price of a 9%, $1,000 annual coupon bond that has eighteen years to maturity and a yield to maturity of 7.01%?
| $826 | ||
| $701 | ||
| $1,200 | ||
| $1,000 |
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1st Edition
0593087682,0593087690
