Question: A bond has a two - year maturity, face value is $ 1 , 4 2 3 and it pays an annual coupon of 1

A bond has a two-year maturity, face value is $1,423 and it pays an annual coupon of 10 percent.
What is the price of this bond if the current yield to maturity is 8 percent?
A bond has a two-year maturity, face value is $1,423 and

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