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Show your work please Assume a par value of $1,000. Caspian Sea plans to issue a 9.00 year, semi-annual pay bond that has a coupon
Show your work please
Assume a par value of $1,000. Caspian Sea plans to issue a 9.00 year, semi-annual pay bond that has a coupon rate of 8.12%. If the yield to maturity for the bond is 7.79%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal placesStep by Step Solution
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Global Development Finance External Debt Of Developing Countries 2010
Authors: World Bank
2010 Edition
0821382705, 9780821382707
