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The yield to maturity of a $ 1 comma 000$1,000 bond with a 7.5 %7.5% coupon rate, semiannual coupons, and two years to maturity is
The yield to maturity of a $ 1 comma 000$1,000 bond with a 7.5 %7.5% coupon rate, semiannual coupons, and two years to maturity is 8.1 %8.1% APR, compounded semiannually. What is its price?
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
9th Edition
0321598903, 978-0321598905
