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ASAP! A company issued $1,000 par bonds that mature in 13 years. The coupon rate is 8%. At what price should the bonds sell if
ASAP! A company issued $1,000 par bonds that mature in 13 years. The coupon rate is 8%. At what price should the bonds sell if the current market interest rate is 6%? (Show your calculator input and highlight your answer)
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
