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PLEASE SHOW WORK, NO EXCEL. A 25-year, $1,000 par value bond has a 9.0% annual payment coupon. The bond currently sells For $905. If the
PLEASE SHOW WORK, NO EXCEL.
A 25-year, \$1,000 par value bond has a 9.0\% annual payment coupon. The bond currently sells For $905. If the yield to maturity remains at its current rate, what will the price be 4 years from how? Do not round your intermediate calculations. a. $828.62 b. $987.41 c. $897.33 d. $909.45 e. $966.73Step by Step Solution
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The AMA Handbook Of Financial Risk Management
Authors: John J. Hampton
1st Edition
0814417442, 978-0814417447
