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UNO Ltd. has bonds outstanding with 11 years remaining maturity. Interest is paid semiannually at a coupon rate of 10.5%. The YTM on these bonds
UNO Ltd. has bonds outstanding with 11 years remaining maturity. Interest is paid semiannually at a coupon rate of 10.5%. The YTM on these bonds is 4.5%. The bonds current price is approximately
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Public Finance And Public Policy
Authors: Arye L. Hillman
2nd Edition
0521738059, 978-0521738057
