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Chick-Fil-A bonds currently sells for $1.025 They have a 9 year maturity, and 9% annual coupon, and a par value of $1,000 Assume that the
Chick-Fil-A bonds currently sells for $1.025 They have a 9 year maturity, and 9% annual coupon, and a par value of $1,000 Assume that the yield to maturity remains constant for the next 3 years What is the price 3 years from today? $1.018 24 $1.004 42 $1 01862 $1 90000
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