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A corporate bond is currently selling for $1,120. It has 30 years till maturity, 3.8% coupon, and YTM=5%. What is the par value? Question 15
A corporate bond is currently selling for $1,120. It has 30 years till maturity, 3.8% coupon, and YTM=5%. What is the par value?
Question 15 options:
| $932.55 |
| $1,243.48 |
| $1,475.32 |
| $1,373.39 |
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