Business, 02.11.2020 16:30 lilisagaser4505
Use the information to answer the following questions. A bond with a face value of $1,000 matures in 12 years and has a 9% semiannual coupon. The bond has a nominal yield to maturity of 6.85%, and it can be called in 4 years at a call price of $1,045. Assume equilibrium, what is the price of the bond?
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Use the information to answer the following questions. A bond with a face value of $1,000 matures in...
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