A 15-year bond has a coupon rate of 4.25% and a yield to maturity of 3.2%. The
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A 15-year bond has a coupon rate of 4.25% and a yield to maturity of 3.2%. The bond pays coupons semi-annually. What is the fair price of the bond?
Related Book For
ISE Analysis For Financial Management
ISBN: 9781265042639
13th International Edition
Authors: Robert C. Higgins Professor, Jennifer Koski
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