If the bond has a life of 30 years pays semi-annual coupons


Acme Inc. just issued a bond with a? $10,000 face value and a coupon rate of? 7%. If the bond has a life of 30? years, pays semi-annual ?coupons, and the yield to maturity is? 9%, what will the bond sell? for?

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Finance Basics: If the bond has a life of 30 years pays semi-annual coupons
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