A 20 year, 6 percent semiannual coupon bond has a yield to maturity of 6 85 What is the current price of this bond (approximately) a) b) $908 $909 $905 $912 $920 A 20 year, 6 percent semiannual coupon bond has a yield to maturity of 6 85 What is the current price of this bond (approximately) a) b)...

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A 20-year, 6 percent semiannual coupon bond has a yield to maturity of 6.85%. What is...

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A 20-year, 6 percent semiannual coupon bond has a yield to maturity of 6.85%. What is...

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