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ces Problem 7-23 Compute Bond Price (LG7-4) Calculate the price of a 5.6 percent coupon bond with 17 years left to maturity and a
ces Problem 7-23 Compute Bond Price (LG7-4) Calculate the price of a 5.6 percent coupon bond with 17 years left to maturity and a market interest rate of 5.4 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Bond price Is this a discount or premium bond? O premium bond O discount bond
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Fundamentals of Investments
Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey
3rd edition
132926172, 978-0132926171
