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NEED DONE ASAP In July 2022, Splitit Ltd issued 200 10-year corporate bonds with a face value of $100,000 each. The bonds pay semi-annual coupons
NEED DONE ASAP
In July 2022, Splitit Ltd issued 200 10-year corporate bonds with a face value of $100,000 each. The bonds pay semi-annual coupons at 6 % p.a. If the yield to maturity is 4.5 p% p.a., what will be the price of each bond? (4 marks) Step by Step Solution
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