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A bond has 14 years to maturity and makes semi-annual payments. The yield to maturity is 7% and the coupon rate is 6.5%. What will
A bond has 14 years to maturity and makes semi-annual payments. The yield to maturity is 7% and the coupon rate is 6.5%.
- What will use for r in the formula?
- What will you use for C in the formula?
- What will you use for t in the formula?
- What will you use for FV in the formula?
- Will this be a par, premium, or discount bond?
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