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Business, 18.06.2021 01:00 thickbeanpapi

A $1,000 face value bond currently has a yield to maturity of 7.14 percent. The bond matures in sixteen years and pays interest semiannually. The coupon rate is 6.95 percent. What is the current price of this bond

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A $1,000 face value bond currently has a yield to maturity of 7.14 percent. The bond matures in sixt...
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