Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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#2 - Price the bonds from the table with semi annual coupon payments.
I need the answer for line #4 ONLY
Per Value $5000
Coupon Rate 12%
Years to Maturity. 30
Yield to Maturity. 5%
Price ?
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