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The yield to maturity of a $1000 bond with a 7.0% coupon rate, semiannual coupons, and two years to maturity is 7.6% APR, compounded semiannually.
The yield to maturity of a $1000 bond with a 7.0% coupon rate, semiannual coupons, and two years to maturity is 7.6% APR, compounded semiannually. What is its price?
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
