Question
What is the price of a bond with a coupon rate of 5%, payable semi-annually, a face value of $1000, 6 years to maturity, and
What is the price of a bond with a coupon rate of 5%, payable semi-annually, a face value of $1000, 6 years to maturity, and a yield to maturity of 5.4%?
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
