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TXZ Corp. has issued 15-year semiannual coupon bonds with a par value of $1,000. If the annual coupon rate is 6% and the current yield
TXZ Corp. has issued 15-year semiannual coupon bonds with a par value of $1,000. If the annual coupon rate is 6% and the current yield to maturity is 9%, what is the firms current price per bonds?
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Essential Finance Guide
Authors: DK Publishing
1st Edition
078948157X, 978-0789481573
