A general power bond with a face value of 1000 carries a, Ask an Expert

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A general power bond with a face value of $,1000 carries a coupon rate of 8.1%, has 9 years until maturity, and sells at a yield to maturity of 7%. (Assume annual interest payments.)

At what price does the bond sell?

What will happen to the bond price if the yield to maturity falls to 6.1%.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92857856

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