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Covidien Plc issues a 4 percent coupon bond with 18 years maturity and $1,000 face (par) value. If the yield to maturity of this bond

Covidien Plc issues a 4 percent coupon bond with 18 years maturity and $1,000 face (par) value. If the yield to maturity of this bond is 14 percent, find the bond's price. $310.87 $282.61 $207.25 $353.26 none of the answers is correct

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