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A company suggests a bond with of 4.5 percent coupon having semiannual payments and YTM of 5.32 percent. The bond matures in 11 years. What
A company suggests a bond with of 4.5 percent coupon having semiannual payments and YTM of 5.32 percent. The bond matures in 11 years. What is the market price of a $1,000 face value bond? (Don't use excel sheet)
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