Question: A bond, paying 5% coupons compounded semi-annually, for the next 6 years is currently yielding 7.8%. What type of price do you expect to find
A bond, paying 5% coupons compounded semi-annually, for the next 6 years is currently yielding 7.8%. What type of price do you expect to find (premium or discount)? Find the price of the bond. (Enter price as a positive number.) Please show how to solve with TI BA ii+
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