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please answer qu8 8. (5 Points) What is the price of a $1,100 bond that pays interest quarterly, with a coupon rate of a. $923.07

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8. (5 Points) What is the price of a $1,100 bond that pays interest quarterly, with a coupon rate of a. $923.07 b. $953.25 c. $900.00 12% and a stated maturity of ten years? The required rate of return is 16%. a. $882.29 b. $950.51 c. $909.79

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