9. You purchased an annual interest coupon bond one year ago that now has 6 years remaining...

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9. You purchased an annual interest coupon bond one year ago that now has 6 years remaining until maturity. The coupon rate of interest was 10% and par value was $1,000. At the time you purchased the bond, the yield to maturity was 8%. The amount you paid for this bond one year ago was A. $1,057.50. B. $1,075.50. C. $1,088.50. D. $1092.46. E. $1.104.13

Posted Date: Jun 05, 2024 06:12 PM

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9. You purchased an annual interest coupon bond one year ago that now has 6 years remaining...

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