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What is the price of a bond if the yield-to-maturity is 7.99%, it pays annual coupon of $70, and it matures in 9 years?Round to
What is the price of a bond if the yield-to-maturity is 7.99%, it pays annual coupon of $70, and it matures in 9 years?Round to the nearest cent.
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
