A 1000 par bond with an annual coupon has only one year


A $1,000 par bond with an annual coupon has only one year until maturity. Its current yield is 6.713%, and its yield to maturity is 10%. What is the price of the bond?

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Finance Basics: A 1000 par bond with an annual coupon has only one year
Reference No:- TGS01512034

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