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XYZ corp has a bond with the following characterisitics: maturity = 13 years, coupon rate = 6.45% (paid semi-annually), face value = $1000. The yield-to-maturity
- XYZ corp has a bond with the following characterisitics: maturity = 13 years, coupon rate = 6.45% (paid semi-annually), face value = $1000. The yield-to-maturity on this bond is 5.29%. what should be the price of this bond?
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
