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Bond prices. Price the bonds from the following table with semiannual coupon payments: Par Value Coupon Rate Years to Maturity Yield to Maturity Price $5,000.00
Bond prices. Price the bonds from the following table with semiannual coupon payments:
Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price | ||
$5,000.00 | 8% | 25 | 5% | ? | ||
$5,000.00 | 10% | 30 | 10% | ? | ||
$1,000.00 | 6% | 10 | 9% | ? | ||
$1,000.00 | 7% | 10 | 12% | ? |
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 | ||
$5,000.00 | 8% | 25 | 5% | $nothing |
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