A 1 2 - year bond has a 9 percent annual coupon, a yield to maturity of

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Question:

12 -

year bond has a

9

percent annual coupon, a yield to maturity of

4.2

percent, and a face value of $

1, 000 .

What is the price of the bond?

Posted Date: May 18, 2024 11:11 PM

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A 1 2 - year bond has a 9 percent annual coupon, a yield to maturity of

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