Question
K What must be the price of a $2,000 bond with a 5.6% coupon rate, annual coupons, and 15 years to maturity if YTM
K What must be the price of a $2,000 bond with a 5.6% coupon rate, annual coupons, and 15 years to maturity if YTM is 8.1% APR? OA. $1,259.7 OB. 2,204 C. $1,574.63 OD. $1,889.55
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Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
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