Question
What is the yield of a bond that has 20 years left to maturity pays a coupon of $80, sells for $1,000 and has a
What is the yield of a bond that has 20 years left to maturity pays a coupon of $80, sells for $1,000 and has a future value (maturity value) of $1,000.
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Financial Management Core Concepts
Authors: Raymond M Brooks
2nd edition
132671034, 978-0132671033
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