Question: A bond has a face value (and redemption value) of $504,000, and pays coupons annually. The effective annual yield is 2 times the coupon rate.

A bond has a face value (and redemption value) of $504,000,

A bond has a face value (and redemption value) of $504,000, and pays coupons annually. The effective annual yield is 2 times the coupon rate. The present value of the redemption amount is 3 times the present value of the coupon stream. What is the price of the bond?

blem #2: A bond has a face value (and redemption value) of $504,000, and pays coupons annually. The effective annual yield is 2 times the coupon rate. The present value of the redemption amount is 3 times the present value of the coupon stream. What is the price of the bond? Problem #2: 336000 Answer to the nearest dollar. Just Save Submit Problem #2 for Grading Attempt #2 Attempt #3 Attempt #4 Attempt #5 Problem #2 Your Answer: Your Mark: Attempt #1 336000 0/2x

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