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You have just purchased a 15year, $1,000 par value US Government bond for $909.20. The yield to maturity on the bond is 8.6%. What is
You have just purchased a 15−year, $1,000 par value US Government bond for $909.20. The yield to maturity on the bond is 8.6%.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
