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Problem 20 Intro A Microsoft and an Oracle bond both have 17 years to maturity, a $1,000 par value, an AA rating and pay interest

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Problem 20 Intro A Microsoft and an Oracle bond both have 17 years to maturity, a $1,000 par value, an AA rating and pay interest semiannually. Microsoft has a coupon rate of 6.2%, while Oracle has a coupon rate of 5.2%. The Microsoft bond trades at $867.62. Attempt 1/10 for 10 pts. Part 1 18 | What should be the price of the Oracle bond (in $)? No decimals Submit

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