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Book Problem 7-21 Compute Bond Price (LG7-4) Compute the price of a 5.2 percent coupon bond with 10 years left to maturity and a
Book Problem 7-21 Compute Bond Price (LG7-4) Compute the price of a 5.2 percent coupon bond with 10 years left to maturity and a market interest rate of 8.2 percent. (Assume interest payments are semiannual) (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Bond price Hint Print Is this a discount or premium bond? discount bond ferences O premium bond
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Fundamentals of Investments
Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey
3rd edition
132926172, 978-0132926171
