Mathematics, 25.10.2019 01:43 HannahW7024
Consider a coupon bond with face value $1,000 that reaches maturity in 10 years. the coupon rate for this bond is 6% and the coupon payments are made semiannually. assuming that the yield to maturity on the bond, quoted as an apr compounded semiannually, is 8%, what is the price of this bond?
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