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Physics, 07.03.2020 05:28 mimithurmond03

Yan Yan Corp. has a $5,000 par value bond outstanding with a coupon rate of 4.2 percent paid semiannually and 16 years to maturity. The yield to maturity on this bond is 4.4 percent. What is the price of the bond?

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Yan Yan Corp. has a $5,000 par value bond outstanding with a coupon rate of 4.2 percent paid semiann...
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