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show work, not excel #9 Assume a par value of $1,000. Caspian Sea plans to issue a 12.00 year, semi-annual pay bond that has a
show work, not excel 
#9 Assume a par value of $1,000. Caspian Sea plans to issue a 12.00 year, semi-annual pay bond that has a coupon rate of 14.00%. If the yield to maturity for the bond is 14.0%, what will the price of the bond be? Submit Answer format: Currency: Round to: 2 decimal places Step by Step Solution
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Cash Flow Stock Investing
Authors: Randall Stewart
1st Edition
1980883300, 978-1980883302
