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Par value $100.00 Coupon rate 4% Frequency 2 per year Yield-to-maturity 6% Term to maturity 3 years Whats the price of the bond? A. $97.62
| Par value | $100.00 |
| Coupon rate | 4% |
| Frequency | 2 per year |
| Yield-to-maturity | 6% |
| Term to maturity | 3 years |
Whats the price of the bond?
A. $97.62
B. $106.81
C. $102.74
D. $94.58
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Financial Accounting The Impact On Decision Makers
Authors: Gary A Porter, Curtis L Norton
7th Edition
1439080526, 9781439080528
