=+ (b) The bond now has 2 years to maturity, the next interest payment is due in
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=+
(b) The bond now has 2 years to maturity, the next interest payment is due in one year, and the yield to maturity stands at 3 per cent.
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Related Book For
Corporate Finance For Business The Essential Concepts
ISBN: 9783030924188
2nd Edition
Authors: Ronny Manos, Keith Parker, D. R. Myddelton
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