The yield was quoted as 11267 find the quoted price to the, Financial Management

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The yield was quoted as 11267 find the quoted price to the

In the bond quotations of a financial newspaper, a quote was given for the price on February 20, 2004 of an 11% bond with face amount 100 maturing on April 1, 2023. The yield was quoted as 11.267%. Find the quoted price to the nearest .001. (find the market price, assume semi-annual coupons).

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Financial Management: The yield was quoted as 11267 find the quoted price to the

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Financial Management: The yield was quoted as 11267 find the quoted price to the

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