What is the market price of a $1,000, 6 percent bond paying a semiannual coupon if comparable

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What is the market price of a $1,000, 6 percent bond paying a semiannual coupon if comparable market interest rates drop to 4 percent and the bond matures in 15 years?

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Posted Date: Jan 12, 2021 02:27 PM

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What is the market price of a $1,000, 6 percent bond paying a semiannual coupon if comparable

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Fundamentals of Investing

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