Sloth Enterprises' bonds have a 14 year maturity, a 6 18 coupon, and a par value of $1,000 The going interest rate (rd) is 8 82 Assuming semiannual compounding, what is the bond's price Round to two decimal places (Ex $000 00)

Question

Sloth Enterprises' bonds have a 14 year maturity, a 6 18  coupon, and a par value of $1,000  The going interest rate (rd) is 8 82   Assuming semiannual compounding, what is the bond's price  Round to two decimal places (Ex  $000 00)

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Question

Sloth Enterprises' bonds have a 14-year maturity, a 6.18% coupon, and a par value of $1,000. The going interest rate (rd) is 8.82%. Assuming semiannual

Sloth Enterprises' bonds have a 14-year maturity, a 6.18% coupon, and a par value of $1,000. The going interest rate (rd) is 8.82%. Assuming semiannual compounding, what is the bond's price? Round to two decimal places (Ex. $000.00)

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