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Rogoff Co.'s 15year bonds have an annual coupon rate of 9.5%. Fach bond has face value of $1,000 and makes setriansaal anterest poyments. If you
Rogoff Co.'s 15year bonds have an annual coupon rate of 9.5%. Fach bond has face value of $1,000 and makes setriansaal anterest poyments. If you requir an 11.0% nominal yield to maturity on this investment, what is the maximum price you should be williag to pay for the bocd? a) 5891.00 b. 591327 c. 598349. d. 5959.51 e. $936.10
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