You have a 7 - year bond, with $1,000 face value, 5.50% coupon rate, semiannual coupon payments, and yield to maturity of 6.50 %. What is its price? - $94.45 - $1, 138.87 - $674.37 - $944.47

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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You have a 7 - year bond, with $1,000 face value, 5.50% coupon rate, semiannual coupon payments, and yield to maturity of 6.50%. What is its price? - $94.45-S1, 138.87-5674.37 - $944.47

You have a 7 - year bond, with $1,000 face value, 5.50% coupon rate, semiannual coupon payments, and
yield to maturity of 6.50 %. What is its price? - $94.45 - $1, 138.87 - $674.37 - $944.47
Transcribed Image Text:You have a 7 - year bond, with $1,000 face value, 5.50% coupon rate, semiannual coupon payments, and yield to maturity of 6.50 %. What is its price? - $94.45 - $1, 138.87 - $674.37 - $944.47
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