Business

Business, 01.07.2021 18:50, mhuang35

A 3-year bond has an 8.0% coupon rate and a $1,000 face value. If the yield to maturity on the bond is 10%, calculate the price of the bond assuming that the bond makes semiannual coupon payments.

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A 3-year bond has an 8.0% coupon rate and a $1,000 face value. If the yield to maturity on the bond...

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