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The Goodie Barn has a 7 percent coupon bond outstanding that matures in 13.5 ears. The bond pays interest semiannually. What is the market price
The Goodie Barn has a 7 percent coupon bond outstanding that matures in 13.5 ears. The bond pays interest semiannually. What is the market price per bond if the face value is $1, 00 and the yield to maturity is 14.78 percent? A. $255.27 B. $550.40 C. $674.66 D. $954.92 E. $967.38
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