Compute the price of a 6.5 percent coupon bond with ten years left to maturity and a market interest

| September 29, 2018

Compute the price of a 6.5 percent coupon bond with ten years left to maturity and a market interest rate of 9.0 percent. (Assume interest payments are semiannual.)(Do not round intermediate calculations and round your final answer to 2 decimal places.)

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