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A $1,000 par bond with a 8% semi-annual coupon and a yield to maturity of 5.5% has 25 years to maturity. What is the price
A $1,000 par bond with a 8% semi-annual coupon and a yield to maturity of 5.5% has 25 years to maturity. What is the price of the bond? A. $1,337.46 B. $822.31 C. $1,273.56 D. $746.03 Reset Selection
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Financial Management Principles And Practices
Authors: Sudhindra Bhat
2nd Edition
8174465863, 978-8174465863
