If the bond matures in 25 years pays semi-annual coupons


Consider a Federal Government coupon bond with a? $1,000 face value and a coupon rate of? 1%. If the bond matures in 25? years, pays semi-annual ?coupons, and the yield to maturity is? 5%, then what will the bond sell? for?

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Finance Basics: If the bond matures in 25 years pays semi-annual coupons
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