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Victoria co has just issued 12 year bond at a coupon rate of 5.5 percent. The bonds make semianual payments. If the YTM on these
Victoria co has just issued 12 year bond at a coupon rate of 5.5 percent. The bonds make semianual payments. If the YTM on these bonds is 4.8 percent what is the current dollar price assuming a $1000 par value?
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Cases In Financial Management
Authors: I.M. Pandey
3rd Edition
0071333428, 978-0071333429
