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A bond makes semi-annual coupon payments at a coupon rate of 7.5% p.a. It is trading at a yield of 3.3% and has 6 years
A bond makes semi-annual coupon payments at a coupon rate of 7.5% p.a. It is trading at a yield of 3.3% and has 6 years to maturity. What is the value of the bond per $100 of face value?
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley
10th Edition
007352705X, 978-0073527055
