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help me solve this Assume a par value of $1,000. Caspian Sea plans to issue a 12.00 year, semi-annual pay bond that has a coupon
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Assume a par value of $1,000. Caspian Sea plans to issue a 12.00 year, semi-annual pay bond that has a coupon rate of 8.14%. If the yield to maturity for the bond is 7.60%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places. Assume a bank offers an effective annual rate of 6.11%, If compounding is monthly what is the APR? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434% % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0,092434)) Step by Step Solution
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