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Unformatted text preview: Bond Price: You want to price the following bond: A double-A rated 10-year annual coupon bond with a coupon rate of 8% and a face value of $1,000. Given the following yields on corporate bonds, what is the market price of this bond expected to be? S&P Ratings Yield To Maturity AAA 4.5% AA 5% A 5.8% BBB 6.7% BB 8% B and lower 10% NPV and Real vs. Nominal Rates:...
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- Fall '08
- annual coupon bond