Calculate the price of a 57 percent coupon bond with 15


Calculate the price of a 5.7 percent coupon bond with 15 years left to maturity and a market interest rate of 9.0 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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Finance Basics: Calculate the price of a 57 percent coupon bond with 15
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