Business
Business, 05.06.2021 19:20, alyssadgonzalez

A bond with a quarterly coupon rate equal to 12 percent has a yield to maturity of 16 percent. The bond has a face value of $ 1,000 and matures in 20 years. Based on this information, is a fair price of this bond?

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A bond with a quarterly coupon rate equal to 12 percent has a yield to maturity of 16 percent. The b...

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