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A 10-year $1000 face value bond makes annual payments and has a coupon rate of 7.6 percent. If the current yield on the bond is
A 10-year $1000 face value bond makes annual payments and has a coupon rate of 7.6 percent. If the current yield on the bond is 8.4 percent, what is the bond's price? 904 76 Correct response: 904.7600.01 Suppose that a year from now the bond sells at a yield to maturity of 7.8 percent. What is the price of the bond? Enter your answer rounded to two decimal places, Number Section Attempt 1 of 1 Verify w
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