What is the approximate price of a bond that matures in two years ( T = 2),

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What is the approximate price of a bond that matures in two years (T= 2), with a face value of $1000 (F= $1000), and an annual coupon payment of $50 (C= $50), if the interest rate is 6 percent?

Posted Date: May 10, 2024 04:17 AM

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What is the approximate price of a bond that matures in two years ( T = 2),

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To calculate the approximate price of a bond you can use the present value ... View the full answer

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