A $100,000 GNMA pass-through bond issue has a value of $113,830. The value of the interest-only payments

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A $100,000 GNMA pass-through bond issue has a value of $113,830. The value of the interest-only payments is $46,921. What is the value of the principal-only payment?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Question Posted: Sep 19, 2012 05:12 AM

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A $100,000 GNMA pass-through bond issue has a value of $113,830. The value of the interest-only payments

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Fundamentals of Investments Valuation and Management

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