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BankMart Inc. recently issued bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 6%. The current
BankMart Inc. recently issued bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 6%. The current market interest rate is 7%. Part 1 What is the bond's value? 0+ decimals Submit BAttempt 1/10 for 10 pts.
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