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Not yet answered Marked out of 1.00 5 J&J Manufacturing just issued a bond with a OMR1,000 face value and a coupon rate of 8%.

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Not yet answered Marked out of 1.00 5 J&J Manufacturing just issued a bond with a OMR1,000 face value and a coupon rate of 8%. If the bond has a life of 20 years, pays annual coupons, and the yield to maturity is 7.5%, what ? will the bond sell for Select one a. OMR1,020 b. OMR975 c. OMR1,051 d. OMR1,162 e. OMR1,087 CLEAR MY CHOICE

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