Smithrsquos company is selling a bond with the following
Smith’s company is selling a bond with the following features: 5 years to maturity, face value of $1000, coupon rate of 2% (semiannual coupons) and yield to maturity of 4% APR. What is the price of Smith’s company bond?
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smithrsquos company is selling a bond with the following features 5 years to maturity face value of 1000 coupon rate of
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