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Business, 23.10.2019 03:00 neverfnmind

Suppose that general motors acceptance corporation issued a bond with 10 years until maturity, a face value of $1000, and a coupon rate of 7% (annual payments). the yield to maturity on this bond when it was issued was 6%. assuming the yield to maturity remains constant, what is the price of the bond immediately after it makes its first coupon payment?

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Suppose that general motors acceptance corporation issued a bond with 10 years until maturity, a fac...

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