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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Calculate the price of this bond today. Note: Please provide reasons to support your answer.
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