A bond that pays interest semiannually has a coupon rate of 5.17 percent and a current yield
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Question:
A bond that pays interest semiannually has a coupon rate of 5.17 percent and a current yield of 5.49 percent. The par value is $1,000. What is the bond's price?
$926.02
$1,061.90
$941.71
$970.86
$1,020.19
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1439078082
4th Edition
Authors: Michael C. Ehrhardt , Eugene F. Brigham
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