Question
a bond with a coupon of 7.5 percent with semiannual payments and a yield to maturity of 7.95 percent. The bonds mature in 15 years.
a bond with a coupon of 7.5 percent with semiannual payments and a yield to maturity of 7.95 percent. The bonds mature in 15 years. What is the market price of a $1,000 face value bond?
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Equity Asset Valuation
Authors: Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, Abby Cohen
2nd Edition
978-0470571439
