Business, 03.03.2020 03:43 kenoknox

A 6-year bond, 8% semiannual coupon bond sells at par ($1,000). Another bond of equal risk, maturity, and par value pays an 8% annual coupon. What is the price of the annual coupon bond?

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A 6-year bond, 8% semiannual coupon bond sells at par ($1,000). Another bond of equal risk, maturity...