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A bond with face value $1,000 has a current yield of 6.7% and a coupon rate of 8.7%. a. If interest is paid annually, what
| A bond with face value $1,000 has a current yield of 6.7% and a coupon rate of 8.7%. |
| a. | If interest is paid annually, what is the bonds price? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Bond price | $ |
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The Handbook Of Financial Modeling
Authors: Jack Avon
2nd Edition
1484265394, 978-1484265390
