Bond price. Consider 30-year bonds that pay semiannual coupons and have seven years left until maturity. If
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Bond price. Consider 30-year bonds that pay semiannual coupons and have seven years left until maturity. If you bought the bonds, you would receive a coupon payment of $49.43 each six months. The bonds have a YTM of 7.45% and face value of $1,000. What is the current price?
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Applied Corporate Finance Making Value Enhancing Decisions In The Real World
ISBN: 9783030816308
2nd Edition
Authors: Mark K. Pyles
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