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Suppose you have the following bond: Par Value: $1,000.00 Coupon: 3.775%/period YTM: 2.9105%/period Maturity: 12 periods How much above or below par value will this
Suppose you have the following bond:
Par Value: $1,000.00 Coupon: 3.775%/period YTM: 2.9105%/period Maturity: 12 periods
How much above or below par value will this bond be priced?
a. $86.51 above par value. b. Equals par value. c. $377.78 above par value. d. $622.22 below par value. e. $86.51 below par value.
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