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help!! Abond offers a coupon rate of 8% paid annually, and has a maturity of 8 years. The current market yield is 8%. If market
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Abond offers a coupon rate of 8% paid annually, and has a maturity of 8 years. The current market yield is 8%. If market conditions remain unchanged, what should the price of the bond be in 1 year! Enter your answer in dollars, without the dollar sign (18), and rounded to the nearest cent (2 decimals), 12 Step by Step Solution
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