King Fisher has issued a bond with the following characteristics: Par $1,000 Time to maturity: 15 years
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Question:
King Fisher has issued a bond with the following characteristics:
Par $1,000
Time to maturity: 15 years
Coupon rate: 7 percent
Semiannual payments
Calculate the price of the bond if the YTM is:
8%
10%
12%
Posted Date: