What is the price of a 5-year 8 coupon rate 1000 face value
What is the price of a 5?-year, 8% coupon? rate, $1,000 face value bond that pays interest quarterly if the yield to maturity on similar bonds is 11.5 %?
What is the price of the bond?
Now Priced at $10 (50% Discount)
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what is the price of a 5-year 8 coupon rate 1000 face value bond that pays interest quarterly if the yield to maturity
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