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If you answer eveything correct i will give a thumbs up. A French company has corporate bonds that make annual coupon payments on its bonds.
If you answer eveything correct i will give a thumbs up. A French company has corporate bonds that make annual coupon payments on its bonds. The bonds' face value equals 1,000. The bonds will mature in another 10 years and they have a 6% coupon rate. These bonds' yield to maturity is 7.1%. Give all of the above information, a fair price of each of these bonds in today's economy is (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)
If you answer eveything correct i will give a thumbs up.
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