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Bond’s Price Assignment | Homework For You

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May 25th, 2020

A 10-year 5.3% coupon bond was issued 1 years ago. Similarly risky bonds are yielding 5.6%. Assume semi-annual coupon payments. The bond’s price should be $___________. Do not round any intermediate work. Round your *final* answer to 2 decimal places (example: 1234.567 = 1234.57). Do not enter the $ sign. Margin of error for correct responses: +/- .05.Get Finance homework help todayHomework For You

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