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Consider a $1,000 par bond with a 5% coupon with 4 years to maturity and the yield to maturity of 3%. About what would be
Consider a $1,000 par bond with a 5% coupon with 4 years to maturity and the yield to maturity of 3%. About what would be the current price?
| $1,111.51 | ||
| $1,074.34 | ||
| $1,000.00 | ||
| $973.27 |
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Contemporary Economics An Applications Approach
Authors: Robert Carbaugh
8th Edition
1138652199, 978-1138652194
