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Intro A bond has a 10% coupon rate with semiannual coupons and matures in 14 years. The bond has a $1,000 face value and
Intro A bond has a 10% coupon rate with semiannual coupons and matures in 14 years. The bond has a $1,000 face value and a current yield of 12.4%. Part 1 What is the bond's price (in $)? 0+ decimals Submit Part 2 What is the bond's yield to maturity? 3+ decimals Submit Attempt 1/10 for 10 pts. Attempt 1/10 for 10 pts.
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
