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Question 21 1 pts Kessen Inc.'s bonds mature in 7 years, have a par value of $1,000, and make an annual coupon payment of $90.
Question 21 1 pts Kessen Inc.'s bonds mature in 7 years, have a par value of $1,000, and make an annual coupon payment of $90. The market interest rate for the bonds is 8.5%. What is the bond's price? O $1026 $946.30 O $923.22 0 $994.21 O $1.019.06
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