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The yield to maturity of a $1,000 bond with a 6.6 % 6.6% coupon rate, semiannual coupons, and two years to maturity is 8.2 %
The yield to maturity of a $1,000 bond with a 6.6 % 6.6% coupon rate, semiannual coupons, and two years to maturity is 8.2 % 8.2% APR, compounded semiannually. What is its price?
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Introduction To Financial Technology
Authors: Roy S. Freedman
1st Edition
0123704782, 9780123704788
