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Alpha Bravo Corp.s bond currently has 6 years to maturity. The coupon rate on the bond is 6.5%, paying interest annually. The face value is
Alpha Bravo Corp.s bond currently has 6 years to maturity. The coupon rate on the bond is 6.5%, paying interest annually. The face value is $1000. If the market rate of interest is 5.7%, what is the current market price of XYZs bond?
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