Question
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?
$1,092.02
$913.46
$1,091.14
$914.32
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Principles Of Macroeconomics
Authors: Frank, Bernanke, Antonovics, Heffetz
3rd Edition
1259117162, 9781259117169
