Price the following bond
Question: Price the following Bond:
YTM=8 percent annual
FV=1,000
N=15 years
Coupon= 9 percent semi-annual
[This bond pays every six months. Make the right adjustments to the data]
(A) 990
(B) 975
(C) 1,120
(D) 1,086
Expected delivery within 24 Hours
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Price the following Bond
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