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Assume semi-annual payments. A bond has a coupon rate of 4.3% when yields are 3.35%. If the bond has 18 years to maturity, what is
- Assume semi-annual payments. A bond has a coupon rate of 4.3% when yields are 3.35%. If the bond has 18 years to maturity, what is the price of the bond?
2. What is the coupon rate for the bond? Assume semi-annual payments. Answer as a percent!
Bond | Coupon Rate | Yield | Price | Years to maturity |
Apple B | ? | 2.0% | $943.21 | 2 |
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