Question
A bond with 16 years to maturity and a semiannual coupon rate of 5.17 percent has a current yield of 5.45 percent. The bond's par
A bond with 16 years to maturity and a semiannual coupon rate of 5.17 percent has a current yield of 5.45 percent. The bond's par value is $2,000. What is the bond's price?
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$2,055.35
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$2,108.32
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$1,865.63
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$1,897.25
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$1,948.62
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas
5th Edition
1119553849, 9781119553847
