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June is computing the present value of a ten-year semi-annual eight percent coupon bond that has a 9% yield to maturity. Which one of the
June is computing the present value of a ten-year semi-annual eight percent coupon bond that has a 9% yield to maturity. Which one of the following is correct? The present value is assumed to be $1,000. The amount of each interest payment is $80. The bond is selling at a discount The current price of the bond will be greater than the par value. The number of interest payments is ten
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