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You purchased a $10,000 bond maturing in 5 years. The coupon rate is 8% payable semi-annually. If the market rate is 7.3% compounded semi-annually, what
You purchased a $10,000 bond maturing in 5 years. The coupon rate is 8% payable semi-annually. If the market rate is 7.3% compounded semi-annually, what is the purchase price of the bond?
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Quantitative Financial Analytics The Path To Investment Profits
Authors: Edward E Williams, John A Dobelman
1st Edition
9813224258, 978-9813224254
