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Question 3 Not yet answered Marked out of 1.00 P Flag question Roadside Markets has a 9.85 percent coupon bond outstanding that matures in 13.5
Question 3 Not yet answered Marked out of 1.00 P Flag question Roadside Markets has a 9.85 percent coupon bond outstanding that matures in 13.5 years. The bond pays interest semiannually. What is the market price per bond if the face value is $1,000 and the yield to maturity is 10.69 percent? (please submit your answer in the following format: XXXX.XX)
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