ABC Company is issuing a new bond with a par value of $1000 and a coupon rate

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ABC Company is issuing a new bond with a par value of $1000 and a coupon rate of 6%. The time to maturity is 28 years and the Yield to Maturity is 5.2%. If coupon payments are semi-annual, what is today's price of this bond

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Bank Management and Financial Services

ISBN: 978-0078034671

9th edition

Authors: Peter Rose, Sylvia Hudgins

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Posted Date: Apr 30, 2019 09:02 AM

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ABC Company is issuing a new bond with a par value of $1000 and a coupon rate

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Bank Management and Financial Services

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