Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question

Calculate the current market price of a 15%, $1,000 semi-annual coupon bond with 20 years to maturity and a YTM of 9.631%?
Select one:

A. $1,365.51

B. $1,472.51

C. $1,625.35

D. $1,563.77

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