Question
Kasey Corp. has a bond outstanding with a coupon rate of 6.1 percent and semiannual payments. The bond has a yield to maturity of 6.7
Kasey Corp. has a bond outstanding with a coupon rate of 6.1 percent and semiannual payments. The bond has a yield to maturity of 6.7 percent, a par value of $2,000, and matures in 18 years. What is the quoted price of the bond?
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Public Finance
Authors: Laurence S. Seidman
1st Edition
0073375748, 978-0073375748
