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What is the price of a 5% coupon annual payment bond with a 25-year maturity if the yield is 10.3%? Give the answer as a
What is the price of a 5% coupon annual payment bond with a 25-year maturity if the yield is 10.3%?
Give the answer as a percent of par.
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
8th Edition
007322359X, 9780073223599
