Calculate the price of a 55 percent coupon bond with 15, Ask an Expert

Finance

Calculate the price of a 5.5 percent coupon bond with 15 years left to maturity and a market interest rate of 10.0 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Bond price $

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92059351

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