Assume that a bond makes equal annual payment of 1000 over
Assume that a bond makes equal annual payment of $1,000 over thirty years beginning next year (this security is sometimes referred to as an amortizing bond.)If the discount rate is 3.5% per annum, what is the current price of the bond?
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assume that a bond makes equal annual payment of 1000 over thirty years beginning next year this security is sometimes
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