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Suppose that Tesla Motors issued a bond with 1 7 years until maturity and a face value of $ 1 0 0 , and a

Suppose that Tesla Motors issued a bond with 17 years until maturity and a face value of $100, and a coupon rate of 7.5%(annual payments). The yield to maturity on this bond when it was issued was 6.3%. Assuming the yield to maturity remains constant, what is the price of the bond immediately before it makes its first coupon payment?
Suppose that Tesla Motors issued a bond with 17 years until maturity and a face value of $100, and a coupon rate of 7.5%(annual payments). The yield to maturity on this bond when it was issued was 6.3%. Assuming the yield to maturity remains constant, what is the price of the bond immediately before it makes its first coupon payment?
$119.81

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