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Yest Corporation's bonds have a 15-year maturity, 7% semiannual coupon payment, and a par value of $1,000. The prevailing interest rate on similar risk bonds
Yest Corporation's bonds have a 15-year maturity, 7% semiannual coupon payment, and a par value of $1,000. The prevailing interest rate on similar risk bonds is 6%. What should be the bond's selling price?
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Interest Rate Swaps And Their Derivatives A Practitioners Guide
Authors: Amir Sadr
1st Edition
0470443944, 978-0470443941
