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bluewiss bluewiss
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9 months ago
A $1000 par value, 15 year, 9.75% coupon bond was purchased five years ago. Calculate the bond premium if the required rate of return in the bond market is 3.75% compounded annually.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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kewell_10kewell_10
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9 months ago
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