(Answered) Can someone show me how to do thisa company issues a

Economics

Can someone show me how to do this?

A company issues a? ten-year bond at par with a coupon rate of 6.7?% paid? semi-annually. The YTM at the beginning of the third year of the bond? (8 years left to? maturity) is 9?%. What is the new price of the? bond?

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Business Economics, Economics

Category:- Business Economics
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