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Manchester United Baked Goods offers 6.0 percent coupon bonds with semiannual payments and a yield to maturity of 5.6 percent. The bonds mature in seven
Manchester United Baked Goods offers 6.0 percent coupon bonds with semiannual payments and a yield to maturity of 5.6 percent. The bonds mature in seven years. What is the market price per bond if the par value is $1,000?
(Please show work in excel)
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