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Suppose you want to know the price of a 10-year 7% coupon Treasury bond that pays interest annually. You have been told that the yield
- Suppose you want to know the price of a 10-year 7% coupon Treasury bond that pays interest annually.
- You have been told that the yield to maturity is 8%. What is the price of this bond with a $100 face value?
- What is the price if coupons are paid semi-annually and the yield to maturity is 8%?
- What is the price if the yield to maturity is now 7%?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
