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The bonds for Company X have a 8 year maturity, a coupon rate of 6.4% and a yield to maturity of 4.6%. The bonds pay
The bonds for Company X have a 8 year maturity, a coupon rate of 6.4% and a yield to maturity of 4.6%. The bonds pay semiannual payments. Calculate the price of these bonds. Enter your answer as a number with 2 decimal places of precision (i.e. 1.23)
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Financial And Insurance Formulas
Authors: Tomas Cipra
2010th Edition
3790829013, 978-3790829013
