Question
A bond has a coupon rate of 8.7 percent and 6 years until maturity. If the yield to maturity is 7.6 percent, what is the
A bond has a coupon rate of 8.7 percent and 6 years until maturity. If the yield to maturity is 7.6 percent, what is the price of the bond? Do not round intermediate calculations. Round your answer to 2 decimal places
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Quality Investing Owning The Best Companies For The Long Term
Authors: Lawrence A. Cunningham, Torkell T. Eide, Patrick Hargreaves
1st Edition
0857195123, 9780857195128
