A bond has a coupon rate of 10 percent and 4 years to maturity. If the yield
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A bond has a coupon rate of 10 percent and 4 years to maturity. If the yield to maturity is 10.3 percent, what is the price of the bond?
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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