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What is the invoice price for a $1,000 face value 8% semi-annual coupon corporate bond with exactly 24 years to maturity and a yield to
What is the invoice price for a $1,000 face value 8% semi-annual coupon corporate bond with exactly 24 years to maturity and a yield to maturity (YTM) of 4%? (rounded $ to two places after the decimal)
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Financial Management For Decision Makers
Authors: Peter Atrill
9th Edition
1292311436, 978-1292311432
