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meikunn2565 meikunn2565
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5 years ago
A twenty year bond with a $1000 face value was issued with a yield to maturity of 4.5% and pays coupons semi-annually.  After ten years, the yield to maturity is still 4.5% and the clean price of the bond is $960.09.  After three more months go by, what would you expect the dirty price to be?

▸ $980.09

▸ $970.09

▸ Cannot be determined from information given.

▸ $960.09
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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emneviusemnevius
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meikunn2565 Author
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5 years ago
This helped my grade so much Perfect
Butwhy
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
kh540941
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2 hours ago
Thank you, thank you, thank you!
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