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help pls #10 A company issues a ten - year $1,000 face value bond at par with a coupon rate of 6.4% paid semiannually. The
help pls #10
A company issues a ten - year $1,000 face value bond at par with a coupon rate of 6.4% paid semiannually. The YTM at the beginning of the third year of the bond ( 8 years left to maturity) is 9.5%. What was the percentage change in the price of the bond over the past two years? A. 17.59% B. 21.11% C. 24.63% D. 14.07% A company issues a ten - year $1,000 face value bond at par with a coupon rate of 6.4% paid semiannually. The YTM at the beginning of the third year of the bond ( 8 years left to maturity) is 9.5%. What was the percentage change in the price of the bond over the past two years? A. 17.59% B. 21.11% C. 24.63% D. 14.07%Step by Step Solution
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