Business, 14.11.2019 05:31, jfarrar02

A$1,000 face value bond currently has a yield to maturity of 8.22 percent. the bond matures in five years and pays interest semiannually. the coupon rate is7.5 percent. what is the current price of this bond?
a. $1,005.26
b. $989.60
c. $970.96
d. $948.01
e. $1,010.13

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A$1,000 face value bond currently has a yield to maturity of 8.22 percent. the bond matures in five...