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A 10-year, 10% bond with semi-annual compounding has a YTM of 9%. What is its price? $1065 $1085 $985 $1105
A 10-year, 10% bond with semi-annual compounding has a YTM of 9%. What is its price?
$1065 | ||
$1085 | ||
$985 | ||
$1105
|
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