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Assume a par value of $1,000. Bluestar Air plans to issue a 14-year, semi-annual pay bond that has an annual coupon rate of 8.10%. If
Assume a par value of $1,000. Bluestar Air plans to issue a 14-year, semi-annual pay bond that has an annual coupon rate of 8.10%. If the yield to maturity for the bond is 7.50%, the price of the bond be $ O 1) 1,049.28 O 2) 1,051.46 O 3) 1,053.49 O 4) 1,055.82 O 5) 1,058.00
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