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What is the price of a 3-year,8.4% coupon rate,$1,000 face value bond that pays interest quarterly if the yield to maturity on similar bonds is
What is the price of a 3-year,8.4% coupon rate,$1,000 face value bond that pays interest quarterly if the yield to maturity on similar bonds is 12.2%?
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Production And Operations Analysis
Authors: Steven Nahmias
6th Edition
0073377856, 9780073377858
