Question
What is the price of a bond with a coupon rate of 8%, payable semi-annually, a face value of $1000, 14 years to maturity,
What is the price of a bond with a coupon rate of 8%, payable semi-annually, a face value of $1000, 14 years to maturity, and a yield to maturity of 8.8%? Enter your response below. Enter your answer to 2 DECIMAL PLACES. Number
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Corporate Finance The Core
Authors: Jonathan Berk, Peter DeMarzo
4th Global Edition
1292158336, 9781292158334
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