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You are considering investing in a Green Bond which offers 12% coupon rate payable semiannually. The bond matures in 10 years and has a par
You are considering investing in a Green Bond which offers 12% coupon rate payable semiannually. The bond matures in 10 years and has a par value of $1,000. The yield to maturity (YTM), or the required return, is 11%. How much are you willing to pay for this bond?
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Money Banking And Financial Markets
Authors: Lloyd B. Thomas
1st International Edition
0070644365, 9780070644366
