What is the price of a 6 coupon bond with 30 years left to, Ask an Expert

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What is the price of a 6% coupon bond with 30 years left to maturity and a market interest rate of of 8.25%? is this discount or a premium bond? (hint: interest payments are semi-annual and fair value is $1000) please draw a time line and use a financial calculator

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91768264

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