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Compute the price of a $ 9,214 par value, 14 percent coupon consol, or perpetual bond (i.e., coupon interest payment is a perpetuity), assuming

Compute the price of a $ 9,214 par value, 14 percent coupon consol, or perpetual bond (i.e., coupon interest payment is a perpetuity), assuming that the yield to maturity on the bond is 10 percent. (Round your answer to 2 decimal record without dollar sign or commas). places and Egge Maste 2021 2016 ANG KANSSAAN TERRANO AUTOESTING 2016-1 4500 45 APPROVE 22221 24 EN- Kaptarse a Se ja kell DELLA 30-40 1 K

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