1 . A 7 - year, $ 1 0 0 0 par, semi - annual pay 8...

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1 .

7 -

year, $

1000

par, semi

-

annual pay

8 %

fixed coupon bond has a market discount rate of

6 %

with

2

years to maturity. What is the market price of the bond?

Related Book For answer-question

Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Apr 01, 2024 06:03 AM

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1 . A 7 - year, $ 1 0 0 0 par, semi - annual pay 8...

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Bond Properties Par value face value 1000 Coupon rate 8 semiannual Semiannual payments 2 since coupo... View the full answer

Microeconomics An Intuitive Approach with Calculus

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