A 3 0 year, 4 % semiannual coupon bond has a YTM of 3 . 7 5

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Question:

30

year,

4 %

semiannual coupon bond has a YTM of

3.75 % .

In one year, the YTM decreases to

3.50 % .

What will the price of the bond be in one year?

Related Book For answer-question

Introduction to Corporate Finance What Companies Do

ISBN: 978-1111222284

3rd edition

Authors: John Graham, Scott Smart

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Posted Date: Feb 23, 2024 01:00 AM

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A 3 0 year, 4 % semiannual coupon bond has a YTM of 3 . 7 5

Question:

Expert Answer:

The price of the bond in one year Assuming the following Face value FV 1000 Coupon r... View the full answer

Introduction to Corporate Finance What Companies Do

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