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> Three-year bond pays coupon of 6.8%. Coupon payments made semiannually. Market rate interest of 6.8%, What is the market
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Three-year bond pays coupon of 6.8%. Coupon payments made semiannually. Market rate interest of 6.8%, What is the market
Three-year bond pays coupon of 6.8%. Coupon payments made semiannually. Market rate interest of 6.8%, What is the market
Posted at:
2014-12-05
If market rate and coupon rate are the same, market value = face value. They are trading at Par.
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