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A bond issue had the following details: - Face Value - $180,000 - Term - 5 years, interest paid quarterly - Coupon Rate - 8%
A bond issue had the following details: - Face Value - $180,000 - Term - 5 years, interest paid quarterly - Coupon Rate - 8\% - Market Rate - 12% What is the price of this bond? $209,432.58$153,220.55$180,000.00$154,045.61
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