It pays 560 semi-annually if other bonds with similar risks
Question - A bond has 5 years to mature. It pays 5.60% semi-annually. If other bonds with similar risks are yield 6.2%, paid semi-annually, what is the maximum price you would pay for this bond?
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question - a bond has 5 years to mature it pays 560 semi-annually if other bonds with similar risks are yield 62 paid
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