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BankMart Inc. recently issued bonds that mature in 8 years. They have a par value of $1,000 and an annual coupon of 5%. The current

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BankMart Inc. recently issued bonds that mature in 8 years. They have a par value of $1,000 and an annual coupon of 5%. The current market interest rate is 8%. I 8 Attempt 1/5 for 10 pts. Part 1 What should be the bond's price

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