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A corporate bond pays coupons of 5.0% per year and yields 4.5% per year. The coupons are paid annually. The par value of the bond
A corporate bond pays coupons of 5.0% per year and yields 4.5% per year. The coupons are paid annually. The par value of the bond is $1,000. Until the next coupon payment, 35 days remain. If the quoted price of the bond is $936.21, what is the sale price of the bond? $1,001.44 O $987.44 $981.42 $996.91 17 O $997.03 O $997.09 $992.23 0 $1,001.95
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