Brian has a $500 bond with a 6.5% coupon. The yield of the bond is 6.8%. What is the bid price for the bond?

asked Sep 11, 2021 25.8k views

3 votes

Brian has a $500 bond with a 6.5% coupon. The yield of the bond is 6.8%.

What is the bid price for the bond?

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6 votes

Answer: $478.00

Explanation:

Hmir answered Sep 13, 2021

by Hmir

5.6k points

2 votes

478.00Answer:

Explanation:

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