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You currently hold a bond that pays $40 every six that will mature in 15 years. New issue bonds are paying $37 semiannually. what should
You currently hold a bond that pays $40 every six that will mature in 15 years. New issue bonds are paying $37 semiannually. what should your bond sell for in today's market?
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
