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A 6.83 percent, semiannual coupon bond has 15 years left to maturity. The bond has face value of $1,000 and yield to maturity of 7.82
A 6.83 percent, semiannual coupon bond has 15 years left to maturity. The bond has face value of $1,000 and yield to maturity of 7.82 percent. What is the price of the bond?
A6.83 percent, semiannual coupon bond has 15 years left to maturity. The bond has face value of $1,000 and yield to maturity of 7.82 percent. What is the price of the bond? $1,092.02 $1,091.14 $913.46 O $914.32 5 pts Seven years ago, you bought a 7.60 percent semiannual coupon bond that had sixteen years to maturity (at that time), at a price of $898.01. The bond's face value is $1,000. Assuming the yield to maturity of the bond has not changed since you purchased it, what is the price of your bond today? $983.62 $926.45 $963.71 $938.26 $911.13Step by Step Solution
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