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Question 17 A corporate bond has a par value of $1,000 with an annual coupon payment of $105. If investors' required nominal return is 10.5%,

Question 17 A corporate bond has a par value of $1,000 with an annual coupon payment of $105. If investors' required nominal return is 10.5%, the price the bond should sell for today is closest to? $1,000 $1,050 $1,100 Need to know time remaining to maturity

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