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QUESTION 17 What is the price of a 17-year bond paying 7.7 % annual coupons with a face (par) value of $1,000 if the market
QUESTION 17 What is the price of a 17-year bond paying 7.7 % annual coupons with a face (par) value of $1,000 if the market rates for these bonds are 8.3 %? Answer to the nearest cent, XXX.XX and enter without the dollar sign
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