What is the market price of a bond if the face value is


What is the market price of a bond if the face value is $1,000 and the yield to maturity is 6.2 percent? The bond has a 5.75 percent coupon rate and matures in 12.0 years. The bond pays interest semiannually.

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Business Economics: What is the market price of a bond if the face value is
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