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A 7% semiannual coupon bond matures in 4 years. The bond has a face value of $1000 and a current yield of 7.3722%. What is
A 7% semiannual coupon bond matures in 4 years. The bond has a face value of $1000 and a current yield of 7.3722%.
What is the bonds price? Do not round intermediate calculations.
What is the binds YTM?
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
