What did kirt pay for the bond

Assignment Help Macroeconomics

Reference no: EM132160315

Question: A Treasury bond with a face value of $5000 and a coupon rate of 6% payable semiannually was bought by Kirt when the market's nominal rate was 8%. The bond matures 20 years from now. What did Kirt pay for the bond? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132160315

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