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You have the opportunity to purchase a 22?-year, ?$1,000 par value bond that has an annual coupon rate of 9?%. If you require a YTM
You have the opportunity to purchase a 22?-year, ?$1,000 par value bond that has an annual coupon rate of 9?%. If you require a YTM of 9.2?%, how much is the bond worth to? you? The price of...
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