What must be the price of a $1,000 bond with a 5.8% couponrate, annualcoupons, and 15 years
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What must be the price of a $1,000 bond with a 5.8% couponrate, annualcoupons, and 15 years to maturity if YTM is 7.8 % APR?
Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
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