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What is the present value of a 7% coupon bond that matures in 15 years assuming the current market rate is 4%? (format answer as XXXX.XX) Show transcribed image text
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What is the present value of a 7% coupon bond that matures in 15 years assuming the current market rate is 4%? (format answer as XXXX.XX)
Show transcribed image text21 Jul 2021
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Nelly StrackeLv2
1 Jul 2019
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