solve thos table Even though most corporate bonds in the United States make coupon...
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solve thos table
Even though most corporate bonds in the United States make coupon payenents semiannually bonds issued eisewhere often have annual coupon payments. Suppose a German company issues a bond weth a par value of Etooa. 7 years to maturity. and a coupon rate of 7.3 percent paid annually. If the YTM is 9.3 percent what is the current bond price in euros? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16
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