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please help Intel recently issued semi-annual, 5.3% coupon bonds. The bond will mature in 4 years. The current yield-tomaturity for bonds like this is 2.4%.
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Intel recently issued semi-annual, 5.3% coupon bonds. The bond will mature in 4 years. The current yield-tomaturity for bonds like this is 2.4%. Assuming the par value is $1,000, what is the price of this bond Step by Step Solution
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