Question: Compute bond price (no excel please) Consider a bond with 15 years to maturity, a coupon rate of 13% that is paid annually, a face

Compute bond price (no excel please)

Consider a bond with 15 years to maturity, a coupon rate of 13% that is paid annually, a face value of $1,000 and a yield to maturity of 15%. Compute the bond price

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