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thanks!! What is the price of a bond with the following features? 10 years to maturity, face value of $1000, coupon rate of 4% (annual
thanks!!
What is the price of a bond with the following features? 10 years to maturity, face value of $1000, coupon rate of 4% (annual coupons) and yield to maturity (discount rate) of 7.1%. Enter your answer in terms of dollars and cents, rounded to 2 decimals, and without the dollar sign. That means, for example, that if your answer is $127.5678, you must enter 127.57 Step by Step Solution
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