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Pricing a Bond. On March 13th, 2020 (today) Goop Inc. issues a $300,000, 6-year, 12% bond. Price this bond to yield 18%. What is the

Pricing a Bond.

On March 13th, 2020 (today) Goop Inc. issues a $300,000, 6-year, 12% bond. Price this bond to yield 18%.

What is the Price of Bond?

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