Is £1089 the value of a 6%, five year bond coupon with an annual coupons and face value equal to £ 1000, if the curren

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answerhappygod
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Is £1089 the value of a 6%, five year bond coupon with an annual coupons and face value equal to £ 1000, if the curren

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Is £1089 the value of a 6%, five year bond coupon with an annual coupons and face value equal to £ 1000, if the current yield to maturity is 6%?
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