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Question 15 Question 15 of 41 10 points Save Answer McCurdy Co.'s Class Q bonds have a 12-year maturity, $1,000 par value, and a 5.25%

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Question 15 Question 15 of 41 10 points Save Answer McCurdy Co.'s Class Q bonds have a 12-year maturity, $1,000 par value, and a 5.25% coupon paid semiannually. (2.625% each 6 months), and those bonds sell at their par value. McCurdy's Class P bonds have the same risk, maturity, and par value, but the P bonds pay a 5.25% annual coupon. Neither bond is callable. At what price should the annual payment bond sell? a. $993.01 b. $991.38 c. $1,017.83 d. $1,043.28 e. $943.98 A Moving to the next question nrouonte chon

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