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What is the price of a 5-year, 8% couponrate, $1,000 face value bond that pays interest annually if the yield to maturity on similar bonds
What is the price of a 5-year, 8% couponrate, $1,000 face value bond that pays interest annually if the yield to maturity on similar bonds is 7%?
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
