What is the most we should pay for a bond with a par value of $ 1
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Question:
What is the most we should pay for a bond with a par value of $ coupon rate of paid annually, and a remaining life of years? The yield to maturity is Assume annual discounting. Round your answer to the nearest penny.
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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