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11. A bond has a coupon rate of 6%, a face value of $1,000, and a maturity of 12 years maturing annually. If the yield
11. A bond has a coupon rate of 6%, a face value of $1,000, and a maturity of 12 years maturing annually. If the yield to maturity is 7%. What is the market price of the bond?
916.16
919.71
920.57
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Handbook Of Asian Finance Financial Markets And Sovereign Wealth Funds
Authors: David Lee, Greg N. Gregoriou
1st Edition
0128009829, 978-0128009826
