A bond was issued 3 years ago at a coupon rate of 6 since
A bond was issued 3 years ago at a coupon rate of 6%. Since then, interest rates have declined to 4%. The bond matures 20 years from today. Compute the current market value of this bond.
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a bond was issued 3 years ago at a coupon rate of 6 since then interest rates have declined to 4 the bond matures 20
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