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An 8% semiannual coupon bond matures in 4 years. The bond has a face value of $1,000 and a current yield of 8.2839%. What is
An 8% semiannual coupon bond matures in 4 years. The bond has a face value of $1,000 and a current yield of 8.2839%.
What is the bond's price? Do not round intermediate calculations. Round your answer to the nearest cent.
What is the bond's YTM?
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Inflation Growth And International Finance
Authors: Alec Cairncross
1st Edition
113865308X, 978-1138653085
