What is the price of a bond if the yield-to-maturity is 7.99%, it pays annual coupon of

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What is the price of a bond if the yield-to-maturity is 7.99%, it pays annual coupon of $70, and it matures in 9 years?Round to the nearest cent.

Posted Date: May 18, 2024 01:12 PM

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What is the price of a bond if the yield-to-maturity is 7.99%, it pays annual coupon of

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