Answered

Cameron has a $500 bond with a 4.5% coupon The yield of the bond is 4.6%
What is the bid price for the bond?
A. $511.11
B. $489.13
c. 0522.22
D. $478.72

Answer :

Answer:

the answer is 478.72

Step-by-step explanation:
The answer is D or $478.72

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