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A 12-year semi-annual coupon bond has a face value of $50,000 and coupon rate of 7.2 percent.

The price of the bond is $52,170. If the yield to maturity of this bond does not change during the life of the bond, what will its price be two years from today?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92751631

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