Consider a 5-year, $1000 bond with a 2.2% coupon rate and semiannual coupons. If YTM = 3%APR,
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Consider a 5-year, $1000 bond with a 2.2% coupon rate and semiannual coupons. If YTM = 3%APR, what is its price?
Related Book For
Corporate Finance The Core
ISBN: 9781292158334
4th Global Edition
Authors: Jonathan Berk, Peter DeMarzo
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