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Johnson and Johnson issued out 20 year bonds three years ago paying a coupon rate of 4.5% paying semi-annual interest. You invested $10,000 in buying
Johnson and Johnson issued out 20 year bonds three years ago paying a coupon rate of 4.5% paying semi-annual interest.
You invested $10,000 in buying these bonds and wanting to sell these bondsbecause interest rates have come down and you want to buy a stock.
What price would you get if market rates are 3.5% ?
Enter positive number up to two decimal points. (Example X,XXX.XX)
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