Question: Help Save & Exits Check my w Problem 7-22 Compute Bond Price (LG7-4) Compute the price of a 6.8 percent coupon bond with 15 years
Help Save & Exits Check my w Problem 7-22 Compute Bond Price (LG7-4) Compute the price of a 6.8 percent coupon bond with 15 years left to maturity and a market interest rate of 8.0 percent. (Assume Interest payments are semiannual) (Do not round intermediate calculations, Round your final answer to 2 decimal places.) 2:10 Bond price Is this a discount or premium bond? discount bond premium bond
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