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What is the current value of a $1,000 bond with a 6% annual coupon rate (paid semi-annually) that matures in 11 years if the appropriate
What is the current value of a $1,000 bond with a 6% annual coupon rate (paid semi-annually) that matures in 11 years if the appropriate stated annual discount rate is 12%.
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
