Calculate the price of this bond today


Problem:

The YTM on a 4-year T-bond is 5.78%. If the coupon rate on this bond is 5.25%, with coupons paid SEMIANNUALLY,

Required:

Calculate the price of this bond today.

Note: Please provide reasons to support your answer.

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Finance Basics: Calculate the price of this bond today
Reference No:- TGS0879012

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