A bond with 30 years to maturity has a face value of 1000
A bond with 30 years to maturity has a face value of $1,000. The bond pays an 5 percent semi annual coupon, and the bond has a 7 percent nominal yield to maturity. What is the price of the bond today? Must show work.
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a bond with 30 years to maturity has a face value of 1000 the bond pays an 5 percent semi annual coupon and the bond
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