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Business, 28.03.2020 16:10 scottkayce
Microhard has issued a bond with the following characteristics:Par: $1,000Time to maturity: 15 years Coupon rate: 7 percent Semiannual paymentsCalculate the price of this bond if the YTM is:
a. 7 percent
b. 9 percent
c. 5 percent
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Microhard has issued a bond with the following characteristics:Par: $1,000Time to maturity: 15 years...
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