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1:44 Assume a par value of $1.000 Caspian Sea plans to issue a 11 00 year, annual pay bond that has a coupon rate of

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1:44 Assume a par value of $1.000 Caspian Sea plans to issue a 11 00 year, annual pay bond that has a coupon rate of 7.82% if the yield to maturity for the bond is 8 11%, what will the price of the bond be? Submit Answer format: Currency Round to 2 decimal places

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