What is the price of a perpetual bond with a par value of
What is the price of a perpetual bond with a par value of $1,000.00 and a coupon rate of 7.25% (semi annual coupon)? The bond has a nominal yield to maturity of 6.90%.
$1,050
$1,097
$1,122
$1,077
$1,063
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what is the price of a perpetual bond with a par value of 100000 and a coupon rate of 725 semi annual coupon the bond
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