Explain the difference between a coupon rate and a yield to maturity. Show, using examples, how changing

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Explain the difference between a coupon rate and a yield to maturity. Show, using examples, how changing the coupon rate and yield to maturity affects the bond price.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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