The yield to maturity of a 1000 bond with a 74 coupon rate


The yield to maturity of a $ 1,000 bond with a 7.4% coupon? rate, semiannual? coupons, and two years to maturity is 7.8% APR, compounded semiannually. What is its? price?

The price of the bond is $___ (Round to the nearest cent)

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Finance Basics: The yield to maturity of a 1000 bond with a 74 coupon rate
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