Mathematics, 01.04.2020 21:46 studyoverload

Kimberly has a $2000 bond with a 4,5% coupon. The yield of the bond is 4.7%.
What is the bid price for the bond?
O
O
A. $1915.00
B. $1900.00
O
C. $1950.00
O
D. $1965.00

Answers: 3

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Kimberly has a $2000 bond with a 4,5% coupon. The yield of the bond is 4.7%.
What is the bid p...