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#2) What is the price of a 9-year, 12-percent, annual coupon bond when the market rate is 9 percent? The face value is $100. A)
#2) What is the price of a 9-year, 12-percent, annual coupon bond when the market rate is 9 percent? The face value is $100.
A) $108.00
B) $121.31
C) $117.99
D) $84.01
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
