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Intro Ultra Air's bonds have a 9-year maturity, a 11% coupon, paid semiannually, and a par value of $1,000. Part 1 Attempt 2/10 for 10

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Intro Ultra Air's bonds have a 9-year maturity, a 11% coupon, paid semiannually, and a par value of $1,000. Part 1 Attempt 2/10 for 10 pts. What is the bond's price (in $) if the required return (YTM) is 3%? 0+ decimals Previous answers: 1000 Submit

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