What is the maximum price you will pay for a bond with a
What is the maximum price you will pay for a bond with a face value of $1000 and a coupon rate of 14%, paid annually, if you want a yield of 10%. Assume that bond will mature in 10 years and the first payment will be received in one year
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what is the maximum price you will pay for a bond with a face value of 1000 and a coupon rate of 14 paid annually if
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