5 Suppose that the band described in the previous two problems (repeated below) has a...
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Finance
5 Suppose that the band described in the previous two problems (repeated below) has a price of 51,100 five years after it is issued. What the yield 10 maturity at that time? A corporation issues a bond today with a $1,000 face value, maturity in 25 years, and an 8% coupon interest rate interest is paid annually

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