If the yield to maturity of the bond rises to 573 apr with


Suppose a? seven-year, $1,000 bond with a 7.71% coupon rate and semiannual coupons is trading with a yield to maturity of 5.18%. If the yield to maturity of the bond rises to 5.73% ?(APR with semiannual? compounding), at what price will the bond? trade?

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Finance Basics: If the yield to maturity of the bond rises to 573 apr with
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