Question
The yield to maturity of a $ 1 000 bond with a 6.8 % coupon rate, semiannual coupons, and two years to maturity is 8.3
The yield to maturity of a $ 1 000 bond with a 6.8 % coupon rate, semiannual coupons, and two years to maturity is 8.3 % APR, compounded semiannually. What is its price? The price of the bond is $ nothing. (Round to the nearest cent.)
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Fundamentals Of Futures And Options Market
Authors: John C. Hull
6th Edition
0132242265, 9780132242264
