Question: A $1,000 face value bond currently has a yield to maturity of 6.69 percent. The bond matures in three years and pays interest annually. The
A $1,000 face value bond currently has a yield to maturity of 6.69 percent. The bond matures in three years and pays interest annually. The coupon rate is 8 percent. What is the current price of this bond? $1,008.18 $1,126.02 $1,034.57 $1,151.46
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