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A 6-year maturity bond with a $1,000 face value makes semi-annual coupon payments and has a coupon rate of 12 percent. What is the bond's
A 6-year maturity bond with a $1,000 face value makes semi-annual coupon payments and has a coupon rate of 12 percent. What is the bond's price if the bond's yield to maturity is 9 percent?
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Analysis for Financial Management
Authors: Robert c. Higgins
8th edition
73041807, 73041803, 978-0073041803
