Assume a ten-year bond and the effective market interest rate is 0.14. $1,000.00 0.26974 = $269.74.
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Assume a ten-year bond and the effective market interest rate is 0.14.
$1,000.00 × 0.26974 = $269.74.
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Related Book For 
An Introduction To Accounting And Managerial Finance A Merger Of Equals
ISBN: 9789814273824
1st Edition
Authors: Harold JR Bierman
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