The market price of the bond is 970 should an investor buy
Princeton Tech sold an issue of 30-year bond. The coupon rate of 8% is payable annually and the current market rate of interest is 6%. The market price of the bond is $970. Should an investor buy or sell the bond?
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princeton tech sold an issue of 30-year bond the coupon rate of 8 is payable annually and the current market rate of
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