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What must be the price of a $5,000 bond with a 6% coupon rate, semiannual coupons, and five years to maturity if it has a
What must be the price of a $5,000 bond with a 6% coupon rate, semiannual coupons, and five years to maturity if it has a yield to maturity of 12% APR?
$3,117
B.
$3,896
C.
$5,454
D. 4,675
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Analysis Of Financial Data
Authors: Gary Koop
1st Edition
0470013214, 978-0470013212
