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Assume a par value of $1000. Caspian Sea plans to issue a 24.00 year, semi-annual pay bond that has a coupon rate of 17%. If

Assume a par value of $1000. Caspian Sea plans to issue a 24.00 year, semi-annual pay bond that has a coupon rate of 17%. If the yield to maturity for the bond is 17%, what will the price of the bond be?
Answer format: Currency: round to 2 decimal places image text in transcribed
Assume a par value of $1,000. Caspian Sea plans to issue a 24.00 year, semi-annual pay bond that has a coupon rate of 17.00%. If the yield to maturity for the bond is 17.0%, what will the price of the bond be? Answer format: Currency: Round to: 2 decimal places

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