Question: Please wirte in detail how to get the correct answer You Answered Correct Answers A 10% corporate bond matures in exactly 10 years. You bought
Please wirte in detail how to get the correct answer
You Answered Correct Answers A 10% corporate bond matures in exactly 10 years. You bought it today when it was trading to yield at 11.335%. Find the price you paid for the bond. Express your answer as a percentage of the face value with THREE digits after the decimal point but omit the % sign. 5,809.303 92.133 (with margin: 0.1)
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