If a corporate bond with a face value of 1000 has 24 years


If a corporate bond with a face value of $1,000 has 24 years to go until it matures, has a coupon interest rate of 5.7%, paid semiannually, and has a yield to maturity (YTM) of 4.2%, what should be its price in the bond market (ie, PV)?

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Financial Management: If a corporate bond with a face value of 1000 has 24 years
Reference No:- TGS01207387

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