Semi-annual bond problems in the book

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Inc. has a 10.0% coupon, with semiannual payments. YTM is 11.00%. Maturity is 9 yrs. What's the price? Hint: remember for semi-annual, divide both the coupon rate and YTM by 2, and multiply the number of periods by 2. This is exactly like the semi-annual bond problems in the book, video and practice.

Reference no: EM133116804

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