Question: Please show all work Please show all work A bond has a coupon rate of 9.8 percent and 5 years until maturity. If the yield

Please show all work

Please show all work Please show all work A bond has a

Please show all work A bond has a coupon rate of 9.8 percent and 5 years until maturity. If the yield to maturity is 10.2 percent, what is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the $ sign in your response.) Price of the bond $

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