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Answers with Financial Calculator. Show your value inputs such as I/Y, N, PMT, etc... A company issued a 25-year bond five years ago with a

Answers with Financial Calculator. Show your value inputs such as I/Y, N, PMT, etc...

A company issued a 25-year bond five years ago with a face value of $1,000. The bond pays interest semiannually at a 10% annual rate.

What is the bond's price today if the coupon rate on comparable new issues is 12%?

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