Business, 20.03.2020 11:45 vgann3020

You are considering investing in a 20-year bond that has a coupon rate of 7% and a yield to maturity of 6.75%. The bond pays coupons annually. What is the fair price of the bond

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You are considering investing in a 20-year bond that has a coupon rate of 7% and a yield to maturity...