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What is the price today (in dollars and cents) of a 10 -year 4.55 % coupon rate bond that returns the par value of $1000
What is the price today (in dollars and cents) of a 10-year 4.55% coupon rate bond that returns the par value of $1000 at maturity if the yield to maturity is 10.50%?
| $892.88 | ||
| $1469.65 | ||
| $1000.00 | ||
| $642.12 | ||
| $167.64 |
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Financial Markets And Institutions
Authors: Stanley Eakins Frederic Mishkin
9th Global Edition
1292215003, 978-1292215006
