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he Rose Shoppe offers 10-year, 8 percent coupon bonds with semiannual payments and a yield to maturity of 8.24 percent. What is the price of
- he Rose Shoppe offers 10-year, 8 percent coupon bonds with semiannual payments and a yield to maturity of 8.24 percent. What is the price of a $1,000 face value bond?
| A. | $990.32 | |
| B. | $983.86 | |
| C. | $1,108.16 | |
| D. | $1,521.75 |
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Financial Institutions Management
Authors: Anthony Saunders
1st Edition
0256110565, 9780256110562
