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use formula sheet below. thanks What is the price of a bond with a coupon rate of ( 8.5 ) percent, payable annually, a face

use formula sheet below. thanks What is the price of a bond with a coupon rate of $ 8.5 $ percent, payable annually, a face value of $ \$ 1,000,15 $ years to maturity, and a yield to maturity of 8 percent? $ \$ 717.17 $ \( \$ 2 answers

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