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What is the current price of a bond with a 7.4% coupon rate, 12.5 years until maturity, a par value of $1000. semi-annual coupon payments,
What is the current price of a bond with a 7.4% coupon rate, 12.5 years until maturity, a par value of $1000. semi-annual coupon payments, and a yield-to-maturity of 7.4%?
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Public Finance
Authors: Richard W. Tresch
2nd Edition
0126990514, 978-0126990515
