A bond with a 1 2 coupon, 1 0 years to maturity, a par value of $ 1 , 0 0 0 , and a yield to maturity at 1 4 3 is selling at what price

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Posted on Jul 27, 2024

A bond with a 1 2 % coupon, 1 0 years to maturity, a par value of $ 1 , 0 0 0 , and

A bond with a

12 %

coupon,

10

years to maturity, a par value of $

1, 000,

and a yield

-

-

maturity at

14.3 %

is selling at what price?

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