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Suppose that General Motors Acceptance Corporation issued the price of this bond when it was issued? bond with 10 years until maturity, a face value
Suppose that General Motors Acceptance Corporation issued the price of this bond when it was issued? bond with 10 years until maturity, a face value of $1,000, and a coupon rate of 7.1% (annual payments). The yield to maturity on this bond when was issued was 5.5%. What was When was issued, the price of the bond was (Round to the nearest cent.) was issued was 5.7%. Assuming Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a face value of $1,000, and a coupon rate of 7.4% (annual payments). The yield to maturity on this bond when the yield to maturity remains constant, what is the price of the bond immediately after it makes its first coupon payment? After the first coupon payment, the price of the bond will be $ (Round to the nearest cent.)
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