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A bond has 7.5 years to maturity, a 7 percent coupon, a $1,000 face value, and pays interest semiannually. What is the bond's current price
A bond has 7.5 years to maturity, a 7 percent coupon, a $1,000 face value, and pays interest semiannually. What is the bond's current price if the yield to maturity is 8.00 percent?
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A First Course in Quantitative Finance
Authors: Thomas Mazzoni
1st edition
9781108411431, 978-1108419574
