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Question 15 5 points Save Ans Kordyk Corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going
Question 15 5 points Save Ans Kordyk Corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 7.50%, based on semiannual compounding. What is the bond's price? 01. $977.71 2. $860.39 O 3. $899.50 4. $821.28 05.$1,202.59
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