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Bond prices. Price the bonds from the following table with annual coupon payments. Par Value Coupon Rate Years to Maturity Yield to Maturity Price $1,000.00
Bond prices. Price the bonds from the following table with annual coupon payments.
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price |
| ||
$1,000.00 | 7% | 20 | 10% | ? | |||
$1,000.00 | 6% | 10 | 9% | ? | |||
$5,000.00 | 12% | 30 | 8% | ? | |||
$1,000.00 | 9% | 15 | 11% | ? |
a. Find the price for the bond in the following table:(Round to the nearest cent.)
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price | ||
$1,000.00 | 7% | 20 | 10% | $nothing |
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