Suppose a 10year, $1000 bond with an 8 coupon rate and semiannual coupons is trading for $103474
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Suppose a 10year, $1000 bond with an 8 coupon rate and semiannual coupons is trading for $103474 a What is the bond's yield to maturity (expressed as an APR with seminanual compounding) b If the bond's yield to maturity changes to 9 APR, what will the bond's price be?
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Related Book For 
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
Posted Date:
