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Bond Pricing
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Sep 23, 2008, 01:38 PM
jaimeson
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Join Date: Sep 2008
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Bond Pricing
bonds sell for $1065.15. The bond life is 9 years and the yield to maturity is 7%. What must be the coupon rate on the bonds?
Please help!! If you know how to find on a BAII PLUS that would be great.
jaimeson
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