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Calculating Bond Issuance Prices Presented below are annual coupon rates, yield rates, and expected duration for a series of debentures. Calculate the issuance price for
Calculating Bond Issuance Prices Presented below are annual coupon rates, yield rates, and expected duration for a series of debentures. Calculate the issuance price for each debenture assuming that the face value of each bond is $1,000 and that interest is paid semiannually. Bond Coupon Rate Yield Rate Duration 4.0 % 6.0 % 6 years B 10.0 % 8.0 % U 5.0 % 6.0 % 10 years 15 years 10 years 5 years D 8.0 % 8.0 % E 0.0 % 10.0 % Do not round until your final answer. Round your answer to the nearest dollar. A $ 0 x B $ 0 x C $ 0 x D $ 0 x E $ 0 x
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