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What is the price of a 5 ?-year, 8 % coupon? rate, $ 1,000 face value bond that pays interest quarterly if the yield to
What is the price of a 5 ?-year, 8 % coupon? rate, $ 1,000 face value bond that pays interest quarterly if the yield to maturity on similar bonds is 12.2 % ??
The price of the bond is ?$_______ .
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International Business Finance
Authors: Michael Connolly
1st Edition
0415701538, 9780415701532
