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Business, 20.03.2020 04:13 BustD0wnAnt

6. Assuming that the current interest rate is 3 percent, compute the present value of a five-year, 5 percent coupon bond with a face value of $1,000. What happens when the interest rate goes to 4 percent

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6. Assuming that the current interest rate is 3 percent, compute the present value of a five-year, 5...
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