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You own a bond that pay $100 in annual interest, with a $1000 par value. It matures in 15 years. Your required rate of return
You own a bond that pay $100 in annual interest, with a $1000 par value. It matures in 15 years. Your required rate of return is 12%. Calculate the value of the bond
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Financial Terms Dictionary Investment Terminology Explained
Authors: Thomas Herold, Wesley Crowder
1st Edition
1521725764, 978-1521725764
