Time to maturity 7 years coupon rate 55 yield to maturity 6
Suppose you are given the following bond quote information: Time to maturity: 7 years Coupon rate: 5.5% Yield to maturity: 6% Par Value: $1,000 Assuming semi-annual compounding, calculate the price on the bond. (Round to 2 decimals)
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suppose you are given the following bond quote information time to maturity 7 years coupon rate 55 yield to maturity 6
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