What is the value of a bond that has a coupon rate of 5 percent, paid semi-annually, 6 years to maturity, and a face value
What is the value of a bond that has a coupon rate of 5 percent, paid semi-annually, 6 years to maturity, and a face value of 100, if it is priced to yield 5 percent?
Report your answer to the nearest cent (e.g. 12.34)
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Authors: George H. Pink
6th Edition
1567939651, 978-1567939651
