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Question 3 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.

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Question 3 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 $1,019.06 $994.21 $923.22 O S946.30 S1026 Previous Next

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