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Business, 24.12.2021 14:00 cupcake122016

Two years ago, Stained plc issued 12-year 8.5% annual coupon bonds. If the YTM on these bonds (that is, the quoted market yield) is 9.75%, what is the current market bond price (per £100 bond)?

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Two years ago, Stained plc issued 12-year 8.5% annual coupon bonds. If the YTM on these bonds (that...
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