Q13) What is the current price of a $1,000 par value bond maturing in 3 years...
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Q13) What is the current price of a $1,000 par value bond maturing in 3 years with an annual coupon rate of 8 percent, paid semi-annual, that has a YTM of 12 percent? Apply the right formula and clearly show your calculation steps Q13) What is the current price of a $1,000 par value bond maturing in 3 years with an annual coupon rate of 8 percent, paid semi-annual, that has a YTM of 12 percent? Apply the right formula and clearly show your calculation steps
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