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Given the Following information, What is the Price you need to pay for this bond? Required YTM 6.35% 3.18% Maturity (yrs) 5 10 Coupon rate
Given the Following information, What is the Price you need to pay for this bond? | |||||
Required YTM | 6.35% | 3.18% | |||
Maturity (yrs) | 5 | 10 | |||
Coupon rate | 0% | 0.00% | |||
Use Semi-annual compounding. |
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