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Hi, please list all steps or include an excel spreadsheet with formulas. Thanks! A 20-year, $1,000 par value bond has a 4% annual payment coupon.The
Hi, please list all steps or include an excel spreadsheet with formulas. Thanks!
A 20-year, $1,000 par value bond has a 4% annual payment coupon.The bond currently sells for $875.38.If the yield to maturity remains at its current rate, what will the price be 8 years from now?
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