Question
A 10-year semi-annual bond with a 6% coupon rate has a YTM of 5.8%. What is the price? (Please answer in decimal format and keep
A 10-year semi-annual bond with a 6% coupon rate has a YTM of 5.8%. What is the price? (Please answer in decimal format and keep 2 decimal places. Do not include "$" in your answer. Assume the face value is $1000.)
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Financial Management Theory And Practice
Authors: Prasanna Chandra
7th Edition
0070656657, 978-0070656659
