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A 25 year bond issued today by Carris, Inc. has an annual coupon rate of 9%, a yield to maturity of 15% and a face

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A 25 year bond issued today by Carris, Inc. has an annual coupon rate of 9%, a yield to maturity of 15% and a face value of $1000. What is the ending value of the bond when it is sold (to the nearest dollar)? Note: Use the percent method so percent of face value. Give the price as a positive value

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