Question: A 4% coupon bond with 6 months remaining until maturity is currently trading at $1,007.76. Assume semi-annual coupon paymetits. The bond's YTM is 6. Margin
A 4% coupon bond with 6 months remaining until maturity is currently trading at $1,007.76. Assume semi-annual coupon paymetits. The bond's YTM is 6. Margin of error for correct responses: +/.03(%). Rounding and Formatting instructions: Do not enter dollar signs, percent signs, commas, X, or any words in your response. Do not round any intermediate work, but round your "final" response to 2 decimal places (example: if your answer is 12.3456,12.3456%, or $12.3456, you should enter 12.35)
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