A 10-year bond with a face value of $1,000 has a coupon rate of 5.5%....
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Finance
A 10-year bond with a face value of $1,000 has a coupon rate of 5.5%. The bond makes semiannual payments. If the yield to maturity on this bond is 5.2%, what is the current dollar price? (If you are using a financial calculator to solve this problem, show all entries.)
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