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a bond with a coupon of 7.5 percent with semiannual payments and a yield to maturity of 7.95 percent. The bonds mature in 15 years. What is the

a bond with a coupon of 7.5 percent with semiannual payments and a yield to maturity of 7.95 percent. The bonds mature in 15 years. What is the market price of a $1,000 face value bond?

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Answer Market price of a... View the full answer

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960.97 is the market... View the full answer

The market value of the bond = 37.50*... View the full answer

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