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Calculate a bond price

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Reference no: EM132281214

Be able to calculate a bond price for given F,C,n and i. Example that I am confused on what is the predicted price of a 2-year bond with a $5,000 face value and $250 coupon payments if market interest rates are 7% If market rates are 2%?

Is it just plugging in and if so what is the formula?

Reference no: EM132281214

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