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You have the opportunity to purchase a 29-year, $1,000 par value bond that has an annual coupon rate of 6%. If you require a YTM
You have the opportunity to purchase a 29-year, $1,000 par value bond that has an annual coupon rate of 6%. If you require a YTM of 8.8%, how much is the bond worth to you?
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Gapenskis Cases In Healthcare Finance
Authors: George H. Pink
6th Edition
1567939651, 978-1567939651
