Calculate the bonds price and ytm
Question: An 8% semiannual coupon bond matures in five (5) years. The bond has a face value of $1,000 & a yield to maturity of 8.21%. Calculate the bond’s price and YTM?
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An 8% semiannual coupon bond matures in five (5) years. The bond has a face value of $1,000 & a yield to maturity of 8.21%. Calculate the bond’s price and YTM?
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