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What is the price today (in dollars and cents) of a 5-year 5.65% coupon rate bond that returns the par value of $1000 at maturity
What is the price today (in dollars and cents) of a 5-year 5.65% coupon rate bond that returns the par value of $1000 at maturity if the yield to maturity is 8.50%?
$874.92
$887.69
$1000.00
$1121.20
$187.88
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Financial Management Theory And Practice
Authors: Prasanna Chandra
10th Edition
9353166527, 978-9353166526
