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What is the current price of bond if the yield to maturity is 9.5 percent; the bonds have a 9 percent coupon rate paid semiannually,
- What is the current price of bond if the yield to maturity is 9.5 percent; the bonds have a 9 percent coupon rate paid semiannually, and the bond mature in 14 years?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
