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The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
Edition 4ISBN: 978-0133859997The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
Edition 4ISBN: 978-0133859997 Exercise 4
What is the yield to maturity on a $ 1,000-face-value discount bond maturing in one year that sells for $800?
Explanation
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To find the present value of a future pa...
The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
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