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Assume a par value of $1,000. Caspian Sea plans to issue a 15.00 year, annual pay bond that has a coupon rate of 8.11%. If
Assume a par value of $1,000. Caspian Sea plans to issue a 15.00 year, annual pay bond that has a coupon rate of 8.11%. If the yield to maturity for the bond is 7.64%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places
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Applied International Finance
Authors: Thomas J O'Brien
1st Edition
1606497340, 9781606497340
