A 3 0 - year semi - annual bond was issued 2 0 years ago. Coupon rate
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Question:
A year semiannual bond was issued years ago. Coupon rate
a. What is the interest rate if the current price $
b. What is the interest rate if the current price $
Expert Answer:
Answer rating: 100% (QA)
To solve this problem we will use the present value formula for a bond The present value of a bond i... View the full answer
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