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What is the price of a 12 year semi-annual note that has an annual coupon of 5%, a current nominal YTM of 7.15%. Assume a
What is the price of a 12 year semi-annual note that has an annual coupon of 5%, a current nominal YTM of 7.15%. Assume a part value of $1,000
A. $1,277.04
B. $473.63
C. $830.59
D. $828.72
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Financial Intelligence For HR Professionals
Authors: Karen Berman, Joe Knight, John Case
1st Edition
1422119130, 978-1422119136
