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A Johncar Corporation bond has a 9.5% coupon and a maturity of 21 years. It's yield to maturity is 8.0%. What is the bond's par
A Johncar Corporation bond has a 9.5% coupon and a maturity of 21 years. It's yield to maturity is 8.0%. What is the bond's par value?
| $80.00 | ||
| $95.00 | ||
| $1,000.00 | ||
| Cannot be determined from the information provided. |
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