A 7 percent coupon bond has a face value of $1000 and pays interest annually. The current

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A 7 percent coupon bond has a face value of $1000 and pays interest annually. The current yield is 6.8 percent. What is the current price of this bond?

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Investments Analysis and Management

ISBN: 978-1118363294

12th edition

Authors: Charles P. Jones

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Posted Date: Jan 17, 2020 01:12 AM

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A 7 percent coupon bond has a face value of $1000 and pays interest annually. The current

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COUPON PAYMENTS IS 7 ANNUAL PAYMENTS 10007... View the full answer

Investments Analysis and Management

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