Solved: The ytm at the beginning of the third year of the bond 8, Business Economics

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The ytm at the beginning of the third year of the bond 8

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A company issues a? ten-year bond at par with a coupon rate of 6.7?% paid? semi-annually. The YTM at the beginning of the third year of the bond? (8 years left to? maturity) is 9?%. What is the new price of the? bond?

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Business Economics: The ytm at the beginning of the third year of the bond 8

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Business Economics: The ytm at the beginning of the third year of the bond 8

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