Question: A bond with a $1000 face value and an 8 percent coupon pays interest semiannually. The bond will mature in 30 years. The nominal yield

A bond with a $1000 face value and an 8 percent coupon pays interest semiannually. The bond will mature in 30 years. The nominal yield to maturity is 9 percent. What is its value? Your Answer: Answer units

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