Question
What is the price of a $1,000 par value bond with a 9 % coupon rate paid semiannually , if the bond is priced to
What is the price of a $1,000 par value bond with a 9% coupon rate paid semiannually,
if the bond is priced to yield 5% and it has 8 years to maturity? (round off to an integer)
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrod Harford, David Stangeland, Andras Marosi
3rd Canadian Edition
0135418178, 978-0135418178
