Question
What is the current price of bond if the yield to maturity is 9.5 percent; the bonds have a 8 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 8 percent coupon rate paid semiannually, and the bond mature in 14 years?
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
2nd Edition
003034509X, 9780030345098
