What is the current price of a 20-year 6 coupon bond that
What is the current price of a 20-year 6% coupon bond that has 5 years left until maturity? The bond is currently yielding 8.4%. Payments are made annually.
a. $1,101.10
b. $905.18
c. $771.22
d. $885.27
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what is the current price of a 20-year 6 coupon bond that has 5 years left until maturity the bond is currently
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