You have found a bond with 4 years and 8 months remaining
You have found a bond with 4 years and 8 months remaining to maturity. It has a par value of $1,000. It has a coupon rate of 8%. The yield to maturity on the bond is 10%. What is the value of the bond to you today?
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you have found a bond with 4 years and 8 months remaining to maturity it has a par value of 1000 it has a coupon rate
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