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Berkshire Hathaway Inc. offers a bond with a coupon of 14 percent with semiannual payments and a yield to maturity of 10.78 percent. The bonds
Berkshire Hathaway Inc. offers a bond with a coupon of 14 percent with semiannual payments and a yield to maturity of 10.78 percent. The bonds mature in 12 years. What is the market price of a $1,000 face value bond? $1,139.61 $1,213.97 $817.74 $1,211.26 $679.40
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