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Business, 11.11.2019 18:31 kaelycaetano66

Suppose a ten-year, $1,000 bond with an 8% coupon rate and semi-annual coupons is trading for $1,034.74a. what is the bond's yield to maturity (expressed an apr with semi-annual compounding)? b. if the bond's yield to maturity changes to 9% apr, what will be the bond's price?

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Suppose a ten-year, $1,000 bond with an 8% coupon rate and semi-annual coupons is trading for $1,034...
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