What is the market value of a bond-yield to maturity


Question:

What is the market value of a bond that will pay a total of forty semiannual coupons of $50 each over the remainder of its life? Assume the bond has a $1,000 face value and an 8% yield to maturity (YTM).

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Finance Basics: What is the market value of a bond-yield to maturity
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