Business
Business, 08.04.2020 02:49, catie8269

Suppose you have a bond with 4 years to maturity. The face value of the bond is $1,000 and its coupon rate is 5 percent per year (annual payments). When the required yield (YTM) on this bond is 6 percent (compounded annually), what is the current price of the bond

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Suppose you have a bond with 4 years to maturity. The face value of the bond is $1,000 and its coupo...

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