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Assume par value of the bond is 1,000 Caspian Sea Drinks plans to issue a 15-year, semi-annual pay bond which has a coupon rate of

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Caspian Sea Drinks plans to issue a 15-year, semi-annual pay bond which has a coupon rate of 8.00%. If the yield-to-maturity is 8.20%, then the price of the bond will be $ 2

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