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Assignment: 43 Homework Assignment Score: B678% Save Submit Assignment for Grading Question 17 of 20 15. Check My Work 17. 1 19 Cick here to
Assignment: 43 Homework Assignment Score: B678% Save Submit Assignment for Grading Question 17 of 20 15. Check My Work 17. 1 19 Cick here to read the eBook: Bond Valuation Click here to read the eBook:Bond Yields Click here to read the eook: Bonds with Semiannual Coupons PRICE AND VIELD An 8% semiannual coupon bond matures in 4 years. The bond has a face value of S 1,000 and a current yield of 8 2894 What is the bond's price? Do not round intermediate calculations. Round your answer to the nearest cent What is the bond's YTM? (Hint: Refer to Footnote 7 for the definition of the current yield and to Table 7.1.) Do not round intermediate calculations. Round your answers to two decimal places 7.77 0% 18 esc
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