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Warm-Up 6-7 (similar to) A bond with 6 years to maturity and a coupon rate of 7% has a par, or face value of $19.000.

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Warm-Up 6-7 (similar to) A bond with 6 years to maturity and a coupon rate of 7% has a par, or face value of $19.000. Interest is paid annually if you require a return of 9% on this bond, what is the price of the bond? The value of the bond is 5 (Round to the nearest cent) A bond with 6 years to maturity and a coupon rate of 7% has a par, or face, value of $19,000. Interest is paid annually. If yo The value of the bond is $)(Round to the nearest cent.) par, or face, value of $19,000. Interest is paid annually. If you require a return of 9% on this bond, what is the price of the bond

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