In November 2017, 2042 Treasuries offered 4 5/8s yields of 2.74% to six-month compound maturity. Calculate the

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In November 2017, 2042 Treasuries offered 4 5/8s yields of 2.74% to six-month compound maturity.

Calculate the price of the bond, assuming that coupons are paid semi-annually. Assume the face value is $1,000. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Principles of Corporate Finance

ISBN: 978-0078034763

11th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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Posted Date: Mar 24, 2023 02:10 AM

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In November 2017, 2042 Treasuries offered 4 5/8s yields of 2.74% to six-month compound maturity. Calculate the

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Coupon rate 4 58 4625 FV 1000 Yield to matur... View the full answer

Principles of Corporate Finance

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