Home / Questions / Par: $1,000 Time to maturity 15 years Coupon rate 7 percent Semiannual payments Calcul...
Par: $1,000
Time to maturity: 15 years
Coupon rate: 7 percent
Semiannual payments
Calculate the price of this bond if the YTM is
a. 7 percent.
b. 9 percent.
c. 5 percent.
Microhard has issued a bond with the following characteristics Par 1 000
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