ivanmartino4031 ivanmartino4031
  • 06-03-2024
  • Business
contestada

What is the price of the following bond?
face value: $1,000
YTM (yield of comparable bonds): 8%
coupon: 6%
maturity: 4 years
Round your answer to the nearest two decimals. Do not type the $ symbol.
_________

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