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A bond with 16 years to maturity and a semiannual coupon rate of 4.93 percent has a current yield of 5.29 percent. The bond's par
A bond with 16 years to maturity and a semiannual coupon rate of 4.93 percent has a current yield of 5.29 percent. The bond's par value is $2,000. What is the bond's price?
- 2146.04
- 2019.22
- 1863.89
- 1832.83
- 1931.95
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Bank Management Text And Cases
Authors: George H. Hempel, Alan B. Coleman, Donald G. Simonson
3rd Edition
