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What is the value of a bond that has a par value of $1,000, a coupon rate of 10.55 percent (paid annually), and that matures
What is the value of a bond that has a par value of $1,000, a coupon rate of 10.55 percent (paid annually), and that matures in 14 years? Assume a required rate of return on this bond is 10.60 percent. can you alsobtell me what formul i should be usingnin excel( Rate, PMT)?
can you alsobtell me what formul i should be usingnin excel( Rate, PMT)?
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The Exchange Traded Funds Manual
Authors: Gary L. Gastineau
2nd Edition
0470482338, 978-0470482339
