Derivation Inc. has a bond with the following characteristics: Par:$1,000 Time to maturity: 5 years Coupon Rate:

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Derivation Inc. has a bond with the following characteristics:

Par:$1,000

Time to maturity: 5 years

Coupon Rate: 3%, semi-annual payments

Yield to maturity: 3%

Calculate the price of the bond.(Enter a positive value and round to 2 decimals)

Posted Date: Jun 25, 2024 04:28 PM

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Derivation Inc. has a bond with the following characteristics: Par:$1,000 Time to maturity: 5 years Coupon Rate:

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