Calculate the current price of a $2,000 par value bond that has a coupon rate of 6

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Calculate the current price of a $2,000 par value bond that has a coupon rate of 6 percent, pays coupon interest annually, has 1 years remaining to maturity, and has a current yield to maturity (discount rate) of 12 percent.

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Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

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Posted Date: Feb 22, 2024 07:12 AM

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Calculate the current price of a $2,000 par value bond that has a coupon rate of 6

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We can calculate the current price of the bond using the bond pricing formula Bond P... View the full answer

Introduction to Operations Research

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