Kim Shaw is considering the purchase of a 1 5 year bond that pays a coupon rate
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Kim Shaw is considering the purchase of a year bond that pays a coupon rate of over the life of the bond annual payments and a face value of $ that is returned at the bond\'s maturity. Using a yield to maturity of calculate to the nearest penny the value of the bond today.
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Okay lets calculate the value of the bond using the given information Given Bond term 15 ... View the full answer
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