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Business, 20.02.2020 23:32 im1stupid1asf
Issued bonds on Sept. 9, 2014 with notional $100, maturity Sept. 2024, coupon 3.664%, and semi-annual coupon payments. Suppose the YTM of the bond on Sept. 19, 2020 is 3.812%. What is the price of the bond today? You may assume there are 10 coupon payments remaining.
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Issued bonds on Sept. 9, 2014 with notional $100, maturity Sept. 2024, coupon 3.664%, and semi-annua...
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