A municipal bond with a coupon rate of 31 percent has a


A municipal bond with a coupon rate of 3.1 percent has a yield to maturity of 4.1 percent. Assume a face value of $5,000. If the bond has 8 years to maturity, what is the price of the bond?

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Financial Management: A municipal bond with a coupon rate of 31 percent has a
Reference No:- TGS01405643

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