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Business, 30.07.2021 03:20 andybiersack154

Calculate the current price of a $1,000 par value bond that has a coupon rate of 12 percent, pays coupon interest semi-annually, has 21 years remaining to maturity, and has a current yield to maturity (discount rate) of 4 percent.

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Calculate the current price of a $1,000 par value bond that has a coupon rate of 12 percent, pays co...
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