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8-need correct anwser will leave a like thanks. What must be the price of a $5,000 bond with a 6.6% coupon rate, semiannual coupons, and
8-need correct anwser will leave a like thanks.
What must be the price of a $5,000 bond with a 6.6% coupon rate, semiannual coupons, and two years to maturity if it has a yield to maturity of 12% APR? A. $6,345 B. 54,532 C. $3,620 D. $5.439 Step by Step Solution
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