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What is the current price of an Apple bond that has a 7.2% coupon, 15 years to maturity, a YTM of 6% and semiannual payments?
What is the current price of an Apple bond that has a 7.2% coupon, 15 years to maturity, a YTM of 6% and semiannual payments?
please need steps in excel format
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
7th Edition
1259919714, 978-1259919718
