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42 Assume a par value of $1,000. Caspian Sea plans to issue a 20.00 year, annual pay bond that has a coupon rate of 8.06%.

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42 Assume a par value of $1,000. Caspian Sea plans to issue a 20.00 year, annual pay bond that has a coupon rate of 8.06%. If the yield to maturity for the bond is 7.51%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. unanswered not submitted Attempts Remaining: Infinity #3 Assume a par value of $1,000. Caspian Sea plans to issue a 19.00 year, annual pay bond that has a coupon rate of 7.81%. If the yield to maturity for the bond is 8.21%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. unanswered not submitted Attempts Remaining: Infinity

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