A 100 par value option free bond has a 6 coupon a 5 year


A $100 par value option free bond has a 6% coupon, a 5 year maturity, and an 8% required yield.

a) Find the price of the bond.

b) The dollar value of an 01 for this bond is__________.

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Finance Basics: A 100 par value option free bond has a 6 coupon a 5 year
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