What is the price of a $1,000 par value semi-annual bond with 6 years to maturity...
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What is the price of a $1,000 par value semi-annual bond with 6 years to maturity and a coupon rate of 4.9% and a yield-to-maturity of 8.8%? What is the price of a $1,000 par value semi-annual bond with 6 years to maturity and a coupon rate of 4.9% and a yield-to-maturity of 8.8%?
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To calculate the price of a bond we can use the formula for the present value of future cash flows F... View the full answer
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