[Solved] builtrite bonds have the following: 6 1/2

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builtrite bonds have the following: 6 1/2% coupon, 22 years until maturity, $1000 par and are currently selling at $1056. If you want to make

builtrite bonds have the following: 6 1/2% coupon, 22 years until maturity, $1000 par and are currently selling at $1056. If you want to make a 6% return, what would you be willing to pay for the bond?

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