Computing the market price of a bond
Problem:
A Corporate bond is quoted at a current price of 102.767.
Required:
Question: What is the market price of a bond with a $1,000 face value?
Note: Please show guided help with steps and answer.
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Question: What is the market price of a $1,000 face value bond? Note: Please answer in proper manner and show all computations
A Corporate bond is quoted at a current price of 102.767. Question: What is the market price of a bond with a $1,000 face value?
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