Question
Question 9 4 pts A(n) 21 year 8% annual coupon bond has a yield to maturity of 7.7% with a par value of $1,000.
Question 9 4 pts A(n) 21 year 8% annual coupon bond has a yield to maturity of 7.7% with a par value of $1,000. What is the price of this bond? (Round to two decimal places)
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Microeconomics
Authors: David Laibson, John List
Global Edition 1st Edition
1292079576, 978-1292079578
