Business, 15.07.2021 20:30, bessieyounger1211

Consider a five-year, $1000 bond with a 3% coupon rate and semiannual coupons. Suppose the interest rate is 4.0% (expressed as an APR with semiannual compounding). What price is the bond trading for now

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Consider a five-year, $1000 bond with a 3% coupon rate and semiannual coupons. Suppose the interest...