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Assume a par value of $1,000. Caspian Sea plans to issue a 10.00 year, semi-annual pay bond that has a coupon rate of 8.00%. If
Assume a par value of $1,000. Caspian Sea plans to issue a 10.00 year, semi-annual pay bond that has a coupon rate of 8.00%. If the yield to maturity for the bond is 7.54%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places
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Business Statistics A First Course
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan
7th Edition
9780321979018
