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Assume that microsoft bonds have just left the printer and

Assume that Microsoft bonds have just left the printer and have a stated coupon of$100 (a coupon rate of 10%) and a yield- to-maturity of 15%. The bonds mature in three years and the next coupon is due in one year. What is the fair price for the bond today?

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Finance Basics: Assume that microsoft bonds have just left the printer and

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Finance Basics: Assume that microsoft bonds have just left the printer and

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