Question
A sixteen-year, 7.34% semiannual coupon bond has yield to maturity of 6.16 percent and face value of $250,000. Find the price of the bond. Group
A sixteen-year, 7.34% semiannual coupon bond has yield to maturity of 6.16 percent and face value of $250,000. Find the price of the bond.
Group of answer choices
a.$268,922.34
b.$279,748.65
c.$268,634.55
d.$255,725.50
e.$279,467.64
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Introduction To Financial Technology
Authors: Roy S. Freedman
1st Edition
0123704782, 9780123704788
