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Company XYZ has a bond with par value of $1,000 that will mature in 20 years. The bond pays coupon rate of 5.50% with
Company XYZ has a bond with par value of $1,000 that will mature in 20 years. The bond pays coupon rate of 5.50% with semi-annual payments. Assuming that the YTM on this bond will remain constant @ 9.37%, what will the bond price be at the end of year 15? Your Answer:
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Contemporary Engineering Economics
Authors: Chan S. Park
5th edition
136118488, 978-8120342095, 8120342097, 978-0136118480
