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What would you pay for a $200,000 bond that matures in 10 years and pays 8% interest (stated/coupon/face rate) a year if you want to
What would you pay for a $200,000 bond that matures in 10 years and pays 8% interest (stated/coupon/face rate) a year if you want to earn a yield of 4% (market rate)
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel G. Short
3rd Edition
0072458836, 978-0072458831
