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Business, 16.07.2020 02:01 crispymaddix12

A $1000 par value bond with 5 years to maturity and a 6% coupon has a yield to maturity of 8%. Interest is paid semiannually. Calculate the current price of the bond. Group of answer choices $1579.46 $918.89 $789.29 $1000.00 $743.29

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A $1000 par value bond with 5 years to maturity and a 6% coupon has a yield to maturity of 8%. Inter...
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