Question: Suppose GE plans to issue a note that matures in 3 years and has a 3.43% coupon rate. If the market yield is 4.68%, what

Suppose GE plans to issue a note that matures in 3 years and has a 3.43% coupon rate. If the market yield is 4.68%, what is the market price?

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ANSWER To calculate the market price of the GE note we can use the present value form... View full answer

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