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Homework: Chapter 7. Learning Objective 4. Topic Homework 2 save Score: 0 of 1 pt 4 of 5 (0 complete) HW Score: 0%, 0 of

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Homework: Chapter 7. Learning Objective 4. Topic Homework 2 save Score: 0 of 1 pt 4 of 5 (0 complete) HW Score: 0%, 0 of 5 pts Problem 7.L04.26 (similar to) Question Help A Ford Motor Co. coupon bond has a coupon rate of 6.8%, and pays annual coupons. The next coupon is due tomorrow and the bond matures 28 years from tomorrow. The yield on the bond issue is 6.1%. At what price should this bond trade today, assuming a face value of $1,000? The price of the bond today should be $ (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check

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