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thank you in advance for any help Assume a par value of $1,000. Caspian Sea plans to issue a 10.00 year, annual pay bond that
thank you in advance for any help
Assume a par value of $1,000. Caspian Sea plans to issue a 10.00 year, annual pay bond that has a coupon rate of 8.17%. If the yield to maturity for the bond is 7.50%, what will the price of the bond be? Answer format: Currency: Round to: 2 decimal places. Assume a par value of $1,000. Caspian Sea plans to issue a 5.00 year, annual pay bond that has a coupon rate of 7.84%. If the yield to maturity for the bond is 8.32%, what will the price of the bond be? Answer format: Currency: Round to: 2 decimal places Step by Step Solution
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