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Microhard has issued a bond with the following characteristics: Par: $ 1 , 0 0 0 Time to maturity: 2 0 years Coupon rate: 8
Microhard has issued a bond with the following characteristics:
Par: $
Time to maturity: years
Coupon rate: percent
Semiannual payments
Calculate the price of this bond if the YTM is: Do not round intermediate calculat and round your answers to decimal places, eg
tablea percent,b percent,c percent,
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