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Business, 03.12.2019 19:31 lilbaby1433

A15-year municipal bond with a face value of $1,000 was issued 5 years ago. its coupon interest rate is 8%, payable semiannually. the current market yield = 12.36%. what should the bond be priced at today?

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A15-year municipal bond with a face value of $1,000 was issued 5 years ago. its coupon interest rate...
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