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Share on your femme was to Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a face value of $1.000,

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Share on your femme was to Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a face value of $1.000, and a coupon rat remains constant, what is the price of the bond immediately after it makes its first coupon payment? After the first coupon payment, the price of the bond will be $ (Round to the nearest cent.) lue of $1,000 and a coupon rate of 7.7% (annual payments). The yield to maturity on this bond when it was issued was 58% Assuming the yield to maturity

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