What is the price of a 20-year bond that has a 5 semiannual


What is the price of a 20-year bond that has a 5% semiannual coupon rate with a 6% YTM? Is this Bond selling at a Premium or at a Discount? Assume Par Value of $1000.

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Financial Management: What is the price of a 20-year bond that has a 5 semiannual
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