Question
A 3.8% bond matures in 9 years. The bond pays coupons semiannually, and has a YTM of 3.8%. The price of the bond is
A 3.8% bond matures in 9 years. The bond pays coupons semiannually, and has a YTM of 3.8%. The price of the bond is $ Do not round any intermediate work. Round your *final* answer to 2 decimal places (example: 1234.567 = 1234.57). Do not enter the $ sign. Margin of error for correct responses: +/-.05.
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Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio
Authors: Robert A.Weigand
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978-111863091, 1118630912, 978-1118630914
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