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A coupon bond that pays interest semi-annually has a par value of $1,000, matures in 1.5 years, and has a bond equivalent yield to maturity
A coupon bond that pays interest semi-annually has a par value of $1,000, matures in 1.5 years, and has a bond equivalent yield to maturity of 4%. What is the price of the bond if the coupon rate is 6%?
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AQA AS Accounting Unit 2 Financial And Management Accounting
Authors: Brendan Casey
1st Edition
1500684260?, 978-1500684266
