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Suppose a bond matures in 5 years with a coupon of 7% paid semi-annually and a yield to maturity of 9%, what is the current
Suppose a bond matures in 5 years with a coupon of 7% paid semi-annually and a yield to maturity of 9%, what is the current market price?
A. $881.31
B. $920.87
C. $1,039.56
D. $1,118.69
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Finance For A Better World
Authors: Henri-Claude De Bettignies, F. Lépineux
2009th Edition
0230551300, 978-0230551305
