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What is the price of a $1,000 face value bond with a 8.50% coupon if the market rate is 10% and the bond matures in
What is the price of a $1,000 face value bond with a 8.50% coupon if the market rate is 10% and the bond matures in 7 years? (Assume semiannual compounding).
| 746.35 | ||
| 845.23 | ||
| 925.76 | ||
| 975.87 |
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
3rd Edition
0324232624, 9780324232622
