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You would like to buy a semi - annual compounding 1 0 0 - year, $ 1 , 0 0 0 par value bond. THe
You would like to buy a semiannual compounding year, $ par value bond. THe annual coupon rate on this bond is percent. If the current yield to maturity of the bond is a percent, what is the value of this bond? After fifty years, would it be higher or lov than the current value of the bond? $; Lower ; Higher : Higher $; Lower
You would like to buy a semiannual compounding year, $ par value bond. THe annual coupon rate on this bond is percent. If the current yield to maturity of the bond is a percent, what is the value of this bond? After fifty years, would it be higher or lov than the current value of the bond? $; Lower ; Higher : Higher $; Lower
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