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Assume a par value of $1,000. A firm plans to issue a 28 -year, annual payment bond with a coupon rate of 14.00%. If the

Assume a par value of $1,000. A firm plans to issue a 28 -year, annual payment bond with a coupon rate of 14.00%. If the yield to maturity for the bond is 14% p.a., what will the price of the bond be

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