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10) Calculate the price of a bond that matures in 8 years, has a face value of $5.000, a coupon rate of 2% (paid semiannually)
10) Calculate the price of a bond that matures in 8 years, has a face value of $5.000, a coupon rate of 2% (paid semiannually) if the market interest rate is 1%. What is the price of the bond if the market interest rate drops to 0.5%?
10) Calculate the price of a bond that matures in 8 years, has a face value of $5.000, a coupon rate of 2% (paid semiannually) if the market interest rate is 1%. What is the price of the bond if the market interest rate drops to 0.5%?
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
