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Assume there is a bond with the coupon rate of 12.2%, yield to maturity (YTM) of 6.4%, and with the face value of $1,000
Posted: Fri Jul 01, 2022 7:46 am
by answerhappygod
- Assume There Is A Bond With The Coupon Rate Of 12 2 Yield To Maturity Ytm Of 6 4 And With The Face Value Of 1 000 1 (22.13 KiB) Viewed 33 times
Assume there is a bond with the coupon rate of 12.2%, yield to maturity (YTM) of 6.4%, and with the face value of $1,000. Further assume that the bond will mature 9 years from now, and that the interest rate will compound semiannually. What is the bond's current market value? $1.392.19 $1.398.25 $1.395.50 $1,412.25