Question: Primson Corp has floating rate notes outstanding that pay semi-annually and will mature in 4 years. The interest rate is expected to be 4% for

Primson Corp has floating rate notes outstanding that pay semi-annually and will mature in 4 years. The interest rate is expected to be 4% for next year and 4.75% thereafter. If you desire a 5% YTM, what is the maximum price you are willing to pay? La banda tanding that will mature 12 veare from today with a coun

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