A 5-year bond pays a coupon of 7% on a face value of $1,000. If the yield

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A 5-year bond pays a coupon of 7% on a face value of $1,000. If the yield to maturity is 7%, what is the market value of the bond?

Question 8 options:

	over $1,000
	over $1,200
	exactly $1,000
	under $1,000

Related Book For answer-question

Fundamentals of Futures and Options Markets

ISBN: 978-0132993340

8th edition

Authors: John C. Hull

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Posted Date: Sep 12, 2022 11:57 PM

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A 5-year bond pays a coupon of 7% on a face value of $1,000. If the yield

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Given data Noof years 5 Coupon rate 7 Face value 1000 Yield to maturity 7 Here Coupon Yield to matu... View the full answer

Fundamentals of Futures and Options Markets

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