An 8 semiannual coupon bond matures in 6 years the bond has, Ask an Expert

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An 8% semiannual coupon bond matures in 6 years. The bond has a face value of $1,000 and a current yield of 8.1894%. What is the bond's price? Do not round intermediate calculations. Round your answer to the nearest cent. $

What is the bond's YTM? (Hint: Refer to Footnote 7 for the definition of the current yield and to Table 7.1.) Do not round intermediate calculations. Round your answers to two decimal places. %

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Financial Management, Finance

Category:- Financial Management
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