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What is the value of a 5-year 10% coupon bond with a face value of $1,000? The required return on the bond is 12% and
What is the value of a 5-year 10% coupon bond with a face value of $1,000? The required return on the bond is 12% and the bond makes ANNUAL payments.
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts
10th Edition
1260013820, 978-1260013825
