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Problem 7 - 2 1 Compute Bond Price ( LG 7 - 4 ) Compute the price of a 6 . 0 percent coupon bond

Problem 7-21 Compute Bond Price (LG7-4)
Compute the price of a 6.0 percent coupon bond with 10 years left to maturity and a market interest rate of 9.8 percent. (Assume interest payments are semiannual.)(Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Bond price ff
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