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3. Prestige Worldwide LLC offers bonds with a coupon rate of 8.8 percent paid semiannually. The yield to maturity is 11.2 percent and the maturity

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3. Prestige Worldwide LLC offers bonds with a coupon rate of 8.8 percent paid semiannually. The yield to maturity is 11.2 percent and the maturity date is 11 years from today. a. What is the market price of this bond if the face value is $1,000? b. Based on a, what is the bond price quote? c. is the bond priced at a discount or premium

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