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Unformatted text preview: Coupon bonds: interest rate determined when bod was issued. Ic. PMT C=ic*F Coupon rate vs. alternative interest rate Pbond= F/(1+I)^n Pbond= DCF Interest increases, P of bond falls...
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This document was uploaded on 11/02/2011 for the course ECO 301 at Miami University.
- Fall '10
- Interest Rates