Business, 20.10.2020 16:01 lexirandall19

Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 15 years Coupon rate: 7 percent Semiannual payments Calculate the price of this bond if the YTM is 9 percent.

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Microhard has issued a bond with the following characteristics: Par: $1,000 Time to maturity: 15 yea...