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Quick Space has an 8% coupon bond outstanding that matures in 12 years. The bond pays interest quarterly. What is the market price per bond

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Quick Space has an 8% coupon bond outstanding that matures in 12 years. The bond pays interest quarterly. What is the market price per bond if the par value is R1 000 and the yield to maturity is 8,69% ? 1. R923,74 2 R945,51 3. R948,90 4. R949,81

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