Evaluate the discounted mean term, Cost Accounting

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Evaluate the discounted mean term (DMT) of a bond redeemable at $120 nominal in 15 years time with annual coupons of 7% (based on a nominal bond of $100) at interest rates of 6% , 10% and 16%.


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Basic, sir i want to know the whole procress of costing

sir i want to know the whole procress of costing

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