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What is the appropriate value of a bond which pays 3 percent per year, will mature in 15 years, and would be priced to yield
What is the appropriate value of a bond which pays 3 percent per year, will mature in 15 years, and would be priced to yield 5 percent per year?
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Financial Accounting The Impact On Decision Makers
Authors: Gary A Porter, Curtis L Norton
8th Edition
1111534861, 9781111534868
