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Business, 01.07.2021 02:00 scottcounts757

A 15-year semi-annual coupon bond pays a coupon rate of 7%. The par value of the bond is $1,000. If similar bonds are currently yielding 6%, what is the market value of the bond

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A 15-year semi-annual coupon bond pays a coupon rate of 7%. The par value of the bond is $1,000. If...
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