What if Marks Treasury bond in the previous problem had a coupon rate of 9% and new

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What if Mark’s Treasury bond in the previous problem had a coupon rate of 9% and new bonds still had interest rates of 4%? For what price should Mark sell the bond in this situation?

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Personal Finance

ISBN: 9780134989969

7th Edition

Authors: Jeff Madura

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Question Posted: Jan 03, 2023 12:43 AM

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What if Marks Treasury bond in the previous problem had a coupon rate of 9% and new

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