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What is the price of a semiannual bond that has a 4 % coupon ( APR ) and a face value of $ 1 ,
What is the price of a semiannual bond that has a coupon APR and a face value of $ The bond has years to maturity and the prevailing discount rate your cost of capital is a nominal APR per year? Is this bond selling at a premium, at par, or at a discount? Why?
What is the price of a semiannual bond that has a coupon APR and a face value of $ The bond has years to maturity and the prevailing discount rate your cost of capital is a nominal APR per year?
Is this bond selling at a premium, at par, or at a discount? Why?
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