What is the value of a bond with a semi-annual coupon with 5 years to maturity, a
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What is the value of a bond with a semi-annual coupon with 5 years to maturity, a 9% (nominal) coupon rate, and a par value of 1000 if an investor desires a 10% yield to maturity?
Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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