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What is the market value of a bond that has a 6 % coupon paid semiannually , has a $ 2,000 face value , has
What is the market value of a bond that has a 6 % coupon paid semiannually , has a $ 2,000 face value , has 15 years to maturity and has a 4 % yield to maturity . Write down the formula with appropriate numbers inserted to solve the problem along with the correct answer .
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Equity Valuation And Portfolio Management
Authors: Frank J. Fabozzi, Harry M. Markowitz
1st Edition
047092991X, 9780470929919
