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Business, 15.10.2019 01:20 rodriguezscarlet1713

Rogoff co.'s 15-year bonds have an annual coupon rate of 9.5%. each bond has face value of $1,000 and makes semiannual interest payments. if you require an 11.0% nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond?

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