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A 6% semiannual coupon bond matures in 4 years. The bond has aface value of $1,000 and a current yield of 6.7139%. What are thebond's
A 6% semiannual coupon bond matures in 4 years. The bond has aface value of $1,000 and a current yield of 6.7139%. What are thebond's price and YTM? (Hint: Refer to Footnote 6 for the definitionof 2 answers
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
14th edition
133507696, 978-0133507690
