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What is the value of a bond that pays a 6% semi-annual coupon, has a face value of $1,000, matures in 20 years, and has
What is the value of a bond that pays a 6% semi-annual coupon, has a face value of $1,000, matures in 20 years, and has a yield to maturity of 8%?
Question 45 options:
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| $803.64 |
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| $808.43 |
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| $805.12 |
|
| $802.07 |
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The Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
13th Global Edition
1292409487, 978-1292409481
