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Posted on Sep 04, 2024

what is the price of a $ 3 0 0 0 par value bond with an 8 % coupon rate that is paid quarterly, if

what is the price of a $

3000

par value bond with an

8 %

coupon rate that is paid quarterly, if the bond is priced to yield

6 %,

and it has

11

years to maturity?

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