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You are eyeing an investment in a corporate bond which has a YTM of 4.00%, and a stated rate of interest of 7.00% with a
You are eyeing an investment in a corporate bond which has a YTM of 4.00%, and a stated rate of interest of 7.00% with a maturity of 100 years. What is the price of this bond? a. $1,735.15 b. $3,452.37 c. $1,804.89 d. $1,735.71
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