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cost of bond- $1000 A bond has 20 year to maturity and a coupon rate of 10%. Coupons are paid semi-annually. If the YTM of
cost of bond- $1000 
A bond has 20 year to maturity and a coupon rate of 10%. Coupons are paid semi-annually. If the YTM of the bond is 8%, what is the price of the bond today? Round your answer to dollars and cents, for example 100.12 Step by Step Solution
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Derivatives Principles And Practice
Authors: Rangarajan Sundaram
2nd Edition
0078034736, 9780078034732
