Business, 30.11.2020 01:40 kfull6027

A bond has a face value of $10,000. The bond matures in 12 years and pays its coupon interest semi-annually. The coupon rate is 9%. Assuming a yield of 8%, what is the price of the bond?

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A bond has a face value of $10,000. The bond matures in 12 years and pays its coupon interest semi-a...

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