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need it done asap please help me!! A bond has $2,000 face value, 25.5 years to maturity, and 6.0% annual coupon rate with coupons paid
need it done asap please help me!!
A bond has $2,000 face value, 25.5 years to maturity, and 6.0% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is 6.32\%. What is this bond's market price? Assume the interest rate compounds semiannually. $1,956.24 $1,944.54 $1,919.45 $2,024.25Step by Step Solution
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