A 10-year corporate bond has a 6 percent coupon rate and a


A 10-year corporate bond has a 6 percent coupon rate and a yield to maturity of 4.5 percent. Assume a face value of $1,000 and the payments are semiannual. What is the price?

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Financial Management: A 10-year corporate bond has a 6 percent coupon rate and a
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