Question
A bond with 25 years until maturity has a coupon rate of 6.6 percent and a yield to maturity of 7.3 percent. What is the
A bond with 25 years until maturity has a coupon rate of 6.6 percent and a yield to maturity of 7.3 percent. What is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.) Price of the bond $
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Capital And Finance
Authors: Peter Lewin, Nicolás Cachanosky
1st Edition
0367514559, 978-0367514556
