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Just incase Corporation has issued a bond that has a 10% coupon rate, payable quarterly. The bonds mature in 5 years, have a face value

Just incase Corporation has issued a bond that has a 10% coupon rate, payable quarterly. The bonds mature in 5 years, have a face value of $1,000 and a yield to maturity of 8%. What is the price of the bond? (5 marks).

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