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Suppose you are looking at a McBurger Corp. bond. It has a 9 percent coupon interest rate which is paid semiannually, and the par value
Suppose you are looking at a McBurger Corp. bond. It has a 9 percent coupon interest rate which is paid semiannually, and the par value is equal to $1,000. What is the price if the bond's required rate of return is 10% and it has 20 years to maturity?
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