Question: A bond with 22 years until maturity has a coupon rate of 7.8 percent and a yield to maturity of 6.3 percent. What is the
A bond with 22 years until maturity has a coupon rate of 7.8 percent and a yield to maturity of 6.3 percent. What is the price of the bond?
The answer is not 1,176.01 or 1,176.02 or 1,176.03
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