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i need an answer to this problem Crimson Tide incorporated has a bond trading on the secondary makket that wil mature ha sk years. The
i need an answer to this problem 
Crimson Tide incorporated has a bond trading on the secondary makket that wil mature ha sk years. The bond pays a somi-annual coupon wath a coupon rate of 2.875% APA. Based on the economy and risk associsted with Crimaon Tide, you seok a 12.10% APA return on Crimson Tide debe. The foce value of the bond is $1,000. What price sove you willing to pay Sor the bond Step by Step Solution
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Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
5th Edition
0134734203, 978-0134734200
