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Question 3 (5 points) Finework Corporation's semi-annual coupon bonds have a 15-year maturity, a 7% annual coupon rate, and a par value of $1,000. The
Question 3 (5 points) Finework Corporation's semi-annual coupon bonds have a 15-year maturity, a 7% annual coupon rate, and a par value of $1,000. The current annual YTM is 6.5%. What is the bond price today? $1,105.78 $1,008.65 $1,024.67 $1,098.00 $1,047.45 Previous Page Next Page Page 3 of 20
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