A $1000 face value bond currently has a yield to maturity of 7.63%pa. The bond matures in

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A $1000 face value bond currently has a yield to maturity of 7.63%pa. The bond matures in 6 years and pays interestsemi-annually. The coupon rate is 6.95%. What is the current price of this bond?

Round to TWO decimal places ignoring $ sign and cashflow direction

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Posted Date: May 19, 2024 03:18 PM

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A $1000 face value bond currently has a yield to maturity of 7.63%pa. The bond matures in

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Introduction To Corporate Finance

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