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6 years ago
What is the price of a coupon bond that has annual coupon payments of $75, a par value of $1,000, a yield to maturity of 5%, and a maturity of two years?
A) $1,043.08
B) $1,046.49
C) $1,000.00
D) $1,150.00
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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6 years ago
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emoji Author
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6 years ago
Thanks
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Good timing, thanks!
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2 hours ago
Helped a lot
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