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Question 1 (1 point) Callaghan Motors' bonds have 5 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon

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Question 1 (1 point) Callaghan Motors' bonds have 5 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 10.50%, and the yield to maturity is 25%. What is the bond's current market price? $610.05 $3,913.50 $1,542.71 $1,000.00 Previous Page Next Page Page 1 of 1

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