Question
What is the price of a bond with a coupon rate of 6%, payable semi-annually, a face value of $1000, 15 years to maturity, and
What is the price of a bond with a coupon rate of 6%, payable semi-annually, a face value of $1000, 15 years to maturity, and a yield to maturity of 5.8%? Enter your answer to 2 DECIMAL PLACES.
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
12th Edition
0136096689, 978-0136096689
