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1) What is the current price of a bond that has a par value of $1000, makes semi annual coupon payments, has a YTM of
1) What is the current price of a bond that has a par value of $1000, makes semi annual coupon payments, has a YTM of 4%, a coupon rate of 6%, and has 6 years until maturity?
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Financial And Managerial Accounting
Authors: Nonso E Okpala
1st Edition
1634873904, 9781634873901
