What is the current market price should be for a corporate bond which has 1 3 years

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Question:

What is the current market price should be for a corporate bond which has

13

years left to maturity, and its annual coupon rate is

6.6 %,

with a required rate of return of

8.45 % ?

Please show all steps

Posted Date: May 19, 2024 04:06 AM

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What is the current market price should be for a corporate bond which has 1 3 years

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