Xiaoxiao Corp. offers 7 percent coupon bonds with semiannual payments and a yield to maturity of...
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Xiaoxiao Corp. offers 7 percent coupon bonds with semiannual payments and a yield to maturity of 5.6 percent. The bonds mature in 13 years. What is the market price per bond if the face value is $1,000? a) $911.01 b) $1,106.09 c) $1,128.07 d) $1,311.02 e) $853.64 Xiaoxiao Corp. offers 7 percent coupon bonds with semiannual payments and a yield to maturity of 5.6 percent. The bonds mature in 13 years. What is the market price per bond if the face value is $1,000? a) $911.01 b) $1,106.09 c) $1,128.07 d) $1,311.02 e) $853.64
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