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Find the present value of a 10-year bond that pays an annual coupon, has a coupon rate of 6 percent, a yield to maturity of
Find the present value of a 10-year bond that pays an annual coupon, has a coupon rate of 6 percent, a yield to maturity of 5 percent, a par value of 1,000 when the yield to maturity is 5 percent.
1,077.22 | ||
1,231.65 | ||
1,308.87 | ||
1,154.43 |
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