The price of a ten-year semi-annual pay bond with a par value of $1,000 and a 7.5%

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The price of a ten-year semi-annual pay bond with a par value of $1,000 and a 7.5% annual coupon and yield to maturity of 8.25% is closest to?

Posted Date: May 10, 2024 03:10 AM

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The price of a ten-year semi-annual pay bond with a par value of $1,000 and a 7.5%

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We cant directly calculate the exact price without a financial calculator or specific formulas but w... View the full answer

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