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Price of the Bond Assignment | Homework For You

Author:
June 3rd, 2020
A bond was issued with the following characteristics.Homework For You
Par: $1,000
Time to maturity: 20 years
Coupon Rate: 7%
Semiannual Payments
Calculate the price of this bond if the Yield to Maturity is: (Show your work on the spreadsheet).
a. 7 percent
b. 10 percent
C. 4 percent. Get Finance homework help today

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