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Business, 15.07.2020 02:01 tioneetionee2188

7) What is the price of a perpetuity that has a coupon of $70 per year and a yield to maturity of 1.5%? If the yield to maturity doubles, what will happen to the perpetuity’s price?

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7) What is the price of a perpetuity that has a coupon of $70 per year and a yield to maturity of 1....
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