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need correct anwser pls The yield to maturity of a $1,000 bond with a 7.5% coupon rate, serriannual coupons, and two years to maturity is
need correct anwser pls
The yield to maturity of a $1,000 bond with a 7.5% coupon rate, serriannual coupons, and two years to maturity is 8.1% APR, compounded semiannually. What is its price? The price of the bond is ? (Round to the nearest cent.) Step by Step Solution
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