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asap plz ty Stranger Things, Corp. has a $1,000 face value bond. This bond has a coupon rate of 5.8 percent paid semiannually and 12
asap plz ty
Stranger Things, Corp. has a $1,000 face value bond. This bond has a coupon rate of 5.8 percent paid semiannually and 12 years to maturity. The yield to maturity on this bond is 5.7 percent. What is the price of this bond? (Do not round any intermediate calculations. Round your final answer to 2 decimal places and enter it in the box below.) Step by Step Solution
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