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Bond Valuation. Mark has a Treasury bond with a par value of $ 2 0 , 0 0 0 and a coupon rate of 6
Bond Valuation. Mark has a Treasury bond with a par value of $ and a coupon rate of The bond has years to maturity. Mark needs to sell the bond and new bonds are currently carrying coupon rates of At what price should Mark sell the bond?
The price Mark should sell the bond at is $ Round to the nearest cent.
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