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You have the opportunity to purchase a 18-year, $1,000 par valuebond that has an annual coupon rate of 9%. If you require a YTM of9.1%,
You have the opportunity to purchase a 18-year, $1,000 par valuebond that has an annual coupon rate of 9%. If you require a YTM of9.1%, how much is the bond worth to you?The price of the bond is $ 2 answers
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Linear Algebra And Its Applications
Authors: David Lay, Steven Lay, Judi McDonald
6th Global Edition
978-1292351216, 1292351217
