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Price of the Bond Assignment | Homework For You

Author:
June 9th, 2020
You bought a bond 12 years ago for $4.500. It has a $5,200 face value and a nominal annual bond rate of 10%, pald semiannually (so it pays 5% of the face value every 6 months) You’d like to sell it now and get a nominal annual yield of 12%. How much should you sell the bond for? How much should you sell the bond for? S (Round to the nearest dollar) Get Finance homework help todayHomework For You

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