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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 8.50%?
$1000.00 | ||
$201.24 | ||
$740.83 | ||
$735.02 | ||
$1311.79 |
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