Business, 09.12.2021 04:10 shayshay4352

A five-year bond has a $1,000 par value bond, a 12 percent coupon, and a yield to maturity of 8 percent. Interest is paid semiannually. The bond's price is

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A five-year bond has a $1,000 par value bond, a 12 percent coupon, and a yield to maturity of 8 perc...

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