Business, 12.12.2020 17:10 smarcalli6457

A bond has a coupon rate of 8.6 percent and 5 years until maturity. If the yield to maturity is 8.2 percent, what is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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A bond has a coupon rate of 8.6 percent and 5 years until maturity. If the yield to maturity is 8.2...

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