Business Finance Homework Help
Business Finance Homework Help. A municipal bond with a coupon rate of 2.7 percent has a yield to maturity of 3
A municipal bond with a coupon rate of 2.7 percent has a yield to maturity of 3.7 percent. Assume a face value of $5,000. If the bond has 12 years to maturity, what is the price of the bond?
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