What is the price of a 20-year bond with a FV of $1,000 that pays a 6%

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What is the price of a 20-year bond with a FV of $1,000 that pays a 6% coupon (semi-annually)? The bond's YTM is 8.8%.

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Essentials of Investments

ISBN: 978-0077835422

10th edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Posted Date: Nov 02, 2023 09:16 AM

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What is the price of a 20-year bond with a FV of $1,000 that pays a 6%

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Essentials of Investments

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