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What is the price today of a Beatifull Corp. bond? The bond matures in 2 0 years, has a coupon rate of 9 % ,

What is the price today of a Beatifull Corp. bond? The bond matures in

20

years, has a coupon rate of

9 %,

and has, today, a yield to maturity

(

YTM

)

8 % .

The bond has semiannual coupon payments and a par value of $

1, 000 .

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