CHAPTER 14: BOND PRICES AND YIELDS
The coupon rate is less than 9%. If coupon divided by price equals 9%, and price is less than par, then price divided by par is less than 9%. 18. Time Inflation in year just ended Par value Coupon Payment Principal Repayment . CHAPTER 14: BOND PRICES AND YIELDS 14-5 0 $1,000.00 ................
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