How much would you pay for a semi-annual 5% coupon bond with 25 years left until maturity
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Question:
How much would you pay for a semi-annual 5% coupon bond with 25 years left until maturity that yields 3.50%?
If you purchased a semi-annual 8% coupon bond for $1185.90, which yields 6%, how many years are left before this bond matures?
Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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