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Assume that a bond has a current price of $934.24 , a coupon rate of 10 percent (pays $50 every six months), and a yield-to-maturity

Assume that a bond has a current price of

$934.24

, a coupon rate of 10 percent (pays

$50

every six months), and a yield-to-maturity of 11 percent. Based on this information, and assuming that rates remain constant, determine by how much the price of this bond will increase over the next 6 months.\

$2.63

\

$1.91

\

$0.73

\

$1.00

\

$1.38

\ Question 2\

0.25pts
image text in transcribed
Assume that a bond has a current price of $934.24, a coupon rate of 10 percent (pays $50 every six months), and a yield-to-maturity of 11 percent. Based on this information, and assuming that rates remain constant, determine by how much the price of this bond will increase over the next 6 months. $2.63 $1.91 $0.73 $1.00 $1.38 Assume that a bond has a current price of $934.24, a coupon rate of 10 percent (pays $50 every six months), and a yield-to-maturity of 11 percent. Based on this information, and assuming that rates remain constant, determine by how much the price of this bond will increase over the next 6 months. $2.63 $1.91 $0.73 $1.00 $1.38

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