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One year ago Quantum of Solace Inc. issued 13-year bonds. Here's what's known about these bonds: The coupon rate for these bonds is 7.9
One year ago Quantum of Solace Inc. issued 13-year bonds. Here's what's known about these bonds: The coupon rate for these bonds is 7.9 %. The coupon payments are semiannual. .The bonds' par value is $1,000. The yield to maturity is 6.2%. How much should each of the bonds of Quantum of Solace Inc. cost if purchased today? (Do not round intermediate calculations. Round your final answer to 2 decimal places, e.g., 32.16.) Current bond price
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