What is the price of a bond with a $10,000 face value, a 6.5% coupon rate...
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What is the price of a bond with a $10,000 face value, a 6.5% coupon rate with semi-annual coupons, and three years to maturity if it has a yield to maturity of 8%? OA. $9,606.84 O E. $11,310.53 O D. $10,402.94 O C. $7,804.13 OB. $6,199.45 What is the price of a bond with a $10,000 face value, a 6.5% coupon rate with semi-annual coupons, and three years to maturity if it has a yield to maturity of 8%? OA. $9,606.84 O E. $11,310.53 O D. $10,402.94 O C. $7,804.13 OB. $6,199.45
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Answer D 1040294 Explanation The price of a bond is calculated usi... View the full answer
Related Book For
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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