A typical US corporate bond issue shows a yield to maturity of 6.2%, eight years...
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A typical US corporate bond issue shows a yield to maturity of eight years to maturity, and a coupon of $ each year, paid semiannually. Like most corporate bonds, the par value is $ What is a correct estimate of the current price of this bond? Enter your answer as a regular dollar amount, rounded to the nearest nd decimal. Do not enter dollar signs, percent signs, or commas. If Connect adds these things, that's okay. For example, if you calculated $ you would enter Or if you calculated $ you would enter Numeric Response
A typical US corporate bond issue shows a yield to maturity of eight years to maturity, and a coupon of $ each year, paid semiannually. Like most corporate bonds, the par value is $ What is a correct estimate of the current price of this bond?
Enter your answer as a regular dollar amount, rounded to the nearest nd decimal. Do not enter dollar signs, percent signs, or commas. If Connect adds these things, that's okay. For example, if you calculated $ you would enter Or if you calculated $ you would enter
Numeric Response
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