Two years ago, MTR issued $1,000 ten-year bonds that carry a coupon rate of 8% payable semi-annually.

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Two years ago, MTR issued $1,000 ten-year bonds that carry a coupon rate of 8% payable semi-annually. What will be the bond price if the yield to maturity falls to 6% in one year?.

Related Book For answer-question

Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Posted Date: Mar 12, 2020 10:59 PM

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Two years ago, MTR issued $1,000 ten-year bonds that carry a coupon rate of 8% payable semi-annually.

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Fundamentals of Investments Valuation and Management

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