15. A ten-year $1000 par value bond has a 9% semi- annual coupon and a nominal yield...
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15. A ten-year $1000 par value bond has a 9% semi- annual coupon and a nominal yield to maturity of 8.8%. What is the price of the bond?
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Financial Markets and Institutions
ISBN: 978-0321280299
5th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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