11% = $110
Microhard has issued a bond with the following characteristics:
par: $1,000
time to...
Microhard has issued a bond with the following characteristics:
par: $1,000
time to maturity: 8 years
coupon rate: 11 percent
semiannual payments
calculate the price of this bond if the ytm is (do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.):
Answers: 1
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