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correct answer? What is the price (per $100 of face value) of a bond which makes quarterly coupon payments at a coupon rate of 2.9%
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What is the price (per $100 of face value) of a bond which makes quarterly coupon payments at a coupon rate of 2.9% p.a. and which has 6 years to maturity, if the bond is trading at a yield of 6.8% p.a.? Select one: a. $81.295 b. $121.406 c. $81.045 d. $80.917Step by Step Solution
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick, Ayako Yasuda
3rd Edition
1119490111, 978-1119490111
