A bond with face value 1000 has a current yield of 67 and a
A bond with face value $1,000 has a current yield of 6.7% and a coupon rate of 8.7%.
a. If interest is paid annually, what is the bond’s price? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Bond price $
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a bond with face value 1000 has a current yield of 67 and a coupon rate of 87a if interest is paid annually what is the
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