What maximum price would you be willing to pay for an annual coupon bond with 12 years

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What maximum price would you be willing to pay for an annual coupon bond with 12 years remaining until maturity, an 8 percent coupon rate, and a YTM of 11 percent?

a. $805.23

b. $908.65

c. $923.67

d. $967.32

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Corporate Finance Demystified By T Adair

ISBN: B003R9TYRG

1st Edition

Authors: T Adair

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Question Posted: May 31, 2024 10:09 AM

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What maximum price would you be willing to pay for an annual coupon bond with 12 years

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Corporate Finance Demystified By T Adair

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