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Business, 17.12.2021 01:00 GodlyGamer8239
Kellie purchases a $1000 par value bond with 7.6% annual coupons, redeemable at $1150 at the end of the 11th through the 17th year from issue. Find the maximum price Kellie should pay if she is wishing to make a minimum yield of 7%.
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Kellie purchases a $1000 par value bond with 7.6% annual coupons, redeemable at $1150 at the end of...
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