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13 May, 07:32

Kimberly has a $2000 bond with a 4,5% coupon. The yield of the bond is 4.7%.

What is the bid price for the bond?

O

O

A. $1915.00

B. $1900.00

O

C. $1950.00

O

D. $1965.00

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Answers (2)
  1. 13 May, 07:43
    0
    The answer is C $1950.00
  2. 13 May, 07:51
    0
    a. 1915.00
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