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I NEED THE ANSWER WITHIN 35 MINUTES PLEASE!! A bond has 5 years to maturity and has a YTM of 8%. Its par value is
I NEED THE ANSWER WITHIN 35 MINUTES PLEASE!!
A bond has 5 years to maturity and has a YTM of 8%. Its par value is $1,000. Its semiannual coupons are $50. What is the bonds current market price? Show work.
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Michael J. Atkins, Donald E. Kieso, Paul D. Kimmel, Valerie Ann Kinnear, Barbara Trenholm, Joan E. Barlow
1st Canadian Edition
1118757149, 978-1118757147
