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What is the present value of bond with the following characteristics: Semi-Annual Coupon Rate = 5% Par = $1,000 Maturity = 30 years YTM =
What is the present value of bond with the following characteristics:
Semi-Annual Coupon Rate = 5%
Par = $1,000
Maturity = 30 years
YTM = 3%
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Entrepreneurial Financial Management An Applied Approach
Authors: Jeffrey R Cornwall, David O Vang, Jean M Hartman
5th Edition
0367335417, 978-0367335410
