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Yest Corporation's Bonds Have A 15-year Maturity, A 7% Semiannual Coupon, And A Par Value Of $1,000. The Going Interest Rate (rd) Is 6%, Based On Semiannual Compounding. What Is The Bond's Price?
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Anonymous
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My answer is 1105.78 but I am not sure.
Anonymous
answered
$1098
Anonymous
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1098
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