Question
18. The Goodie Barn has a 7 percent coupon bond outstanding that matures in 13.5 years. The bond pays interest semiannually. What is the market
18. The Goodie Barn has a 7 percent coupon bond outstanding that matures in 13.5 years. The bond pays interest semiannually. What is the market price per bond if the face value is $1,000 and the yield to maturity is 14.78 percent?
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Applied Financial Macroeconomics And Investment Strategy
Authors: Robert T McGee
1st Edition
1137428394, 978-1137428394
