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What is a fair price of a 21-year annual coupon bond, with a coupon rate of 8.67%, a face value of $1000, and a yield-to-maturity
What is a fair price of a 21-year annual coupon bond, with a coupon rate of 8.67%, a face value of $1000, and a yield-to-maturity of 7.43%?
(Answer to nearest $0.01)
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Financial Management For Public Health And Not For Profit Organization
Authors: Steven A. Finkler
3rd International Edition
0138152772, 9780138152772
