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What is the value of the following bond? Par value: $5,000 Coupon rate: 2.5% to be paid quarterly Maturity: 10 years Required rate (YTM): 2%
What is the value of the following bond?
Par value: $5,000
Coupon rate: 2.5% to be paid quarterly
Maturity: 10 years
Required rate (YTM): 2%
- $1,000
- $1,044.91
- $1,949.42
- $5,025.27
- $5,226.08
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