What is the bonds price, A bond with 16 years to maturity

What is the bonds price

Reference no: EM132746673

Question: A bond with 16 years to maturity and a semiannual coupon rate of 5.89 percent has a current yield of 5.57 percent. The bond's par value is $2,000. What is the bond's price? The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132746673

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