sabrinhaile8701 sabrinhaile8701
  • 06-02-2024
  • Business
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Consider a bond selling at par ($100) with a coupon rate of 6% and 10 years to maturity. What is the price of this bond if the required yield is 15%?

a) $56.52
b) $68.18
c) $75.00
d) $84.78

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