Question: A bond face value is $1000, with a 4-year maturity. Its annualcoupon rate is 8% and issuer makes semi-annual coupon payments. Theannual yield of maturity

A bond face value is $1000, with a 4-year maturity. Its annualcoupon rate is 8% and issuer makes semi-annual coupon payments. Theannual yield of maturity for the bond is 7%. The bond was issued on7 0 answers

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