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What is the current price of a $1,000 par value bond maturing in 5 years with a coupon rate of 14.99%, paid annually, that has
What is the current price of a $1,000 par value bond maturing in 5 years with a coupon rate of 14.99%, paid annually, that has a YTM of 10.92%? Round your answer to the 2 decimal places.
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Financial Statement Analysis & Dividend Investing
Authors: Andrew P.C.
1st Edition
1075873940, 978-1075873942
