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The semi-annual bonds of Delta Company have a coupon rate of 6%, a Yield to Maturity of 8%, a par value of $1,000, and 20-years
The semi-annual bonds of Delta Company have a coupon rate of 6%, a Yield to Maturity of 8%, a par value of $1,000, and 20-years to maturity. a. Calculate the price of a Delta Company bond today. b. What will be the price of a Delta Company bond in 1 year if the YTM decreases to 7%?
if you could make work in excel copy and pastable that would be awesome. Thanks
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