I need assistance answering this question. Im not sure which formula to use. Assume that today's date

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I need assistance answering this question. Im not sure which formula to use.

Assume that today's date is February 15, 2015. Robin Hood Inc. bond is an annual-coupon bond.Par value of the bond is $1,000.How much will the bond cost if it was purchased today?

Price: 123.533

Coupon Rate: 6.898

Maturity Rate: 2-15- 2026

Posted Date: Jun 10, 2024 01:27 AM

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I need assistance answering this question. Im not sure which formula to use. Assume that today's date

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