Question
(1pt) You have a $1000 par value bond with 8 years to maturity with a $40 semiannual coupon. If the YTM on this bond is
(1pt) You have a $1000 par value bond with 8 years to maturity with a $40 semiannual
coupon. If the YTM on this bond is 8% (compounded semiannually), what is the current
bond price?
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Fundamentals of Investments, Valuation and Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
8th edition
1259720697, 1259720691, 1260109437, 9781260109436, 978-1259720697
