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Meta Corporation has issued bonds that have a 12% coupon rate, payable annually. The bonds mature in 5 years, have a face value of 1000$,
Meta Corporation has issued bonds that have a 12% coupon rate, payable annually. The bonds mature in 5 years, have a face value of 1000$, and YTM of 9%. What is the price of the bonds?
please make sure it's correct 100%
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