Question
A corporation issues a 7-year, $7385 par value bond with semiannual coupons at 6% per annum. Find the price to yield 2.10% per annum compounded
A corporation issues a 7-year, $7385 par value bond with semiannual coupons at 6% per annum. Find the price to yield 2.10% per annum compounded semiannually.
Enter your answer to the nearest dollar. Do not enter the $ sign, Sample input:24977
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Financial Markets And Institutions A Modern Perspective
Authors: Anthony Saunders, Marcia Millon Cornett, Marcia Cornett
2nd Edition
007294109X, 978-0072941098
