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15 Your best fried is seeking your opinion to buy some issues of the bond of a company which will mature in 5 years, and
15
Your best fried is seeking your opinion to buy some issues of the bond of a company which will mature in 5 years, and has 4.6 percent coupon rate. The bond is annual with a face value (par value) Of $1000. If the yield to maturity is 4.8% at the market, what is your suggested price for this bond. 980.56 991.29 998.67 987,43 Step by Step Solution
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