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The Presscott Company issues 12-year bonds, with an annualcoupon rate of 9.8%, but makes coupons payments semi-annually.Calculate the price per $1,000 face value, to the

The Presscott Company issues 12-year bonds, with an annualcoupon rate of 9.8%, but makes coupons payments semi-annually.Calculate the price per $1,000 face value, to the nearest cent,using an inter 2 answers

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