Question: A $5,000 face value bond has a $600 annual coupon payment and 10 years to maturity. If the yield to maturity is 6%, what is

 A $5,000 face value bond has a $600 annual coupon payment

A $5,000 face value bond has a $600 annual coupon payment and 10 years to maturity. If the yield to maturity is 6%, what is the price of the bond in percentage of par? 72.08 720.80 144.16 100.00

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