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AmerisourceBergen Inc. is planning to offer a $ 1 , 0 0 0 par value 1 2 - year maturity bond with a coupon interest
AmerisourceBergen Inc. is planning to offer a $ par value year maturity bond with a coupon interest rate that changes every years. The coupon rate for the first years is percent, percent for the next years, and percent for the final years. If Oliver requires an percent rate of return on a bond of this quality and maturity, what is the maximum price Oliver would pay for the bond? Assume interest is paid annually at the end of each year.
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