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Pls show all calculations. A coupon bond that pays interest semi-annually has a par value of $1,000, matures in 5 years, and has a yield
Pls show all calculations.
A coupon bond that pays interest semi-annually has a par value of $1,000, matures in 5 years, and has a yield to maturity of 10%. Themarket value of the bond today will be if the coupon rate is 8% $924.18 972.25 $922.78 $1044.52Step by Step Solution
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