A 1000 face value bond currently has a yield to maturity of


A $1,000 face value bond currently has a yield to maturity of 4.8 percent. The bond matures in five years and pays interest semi-annually. The coupon rate is 4 percent. What is the current price of this bond?

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Financial Management: A 1000 face value bond currently has a yield to maturity of
Reference No:- TGS0974992

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