A bond pays interest at the coupon rate of 5.41%. The bond's par value is $1,000 while

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A bond pays interest at the coupon rate of 5.41%. The bond's par value is $1,000 while the current yield is 4.89%. Find the bond price. Assume semiannual payments.

Posted Date: Jul 08, 2024 12:07 AM

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A bond pays interest at the coupon rate of 5.41%. The bond's par value is $1,000 while

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