What is the price of a $1,000 par value 6.0% semi-annual coupon bond that matures in 14
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What is the price of a $1,000 par value 6.0% semi-annual coupon bond that matures in 14 years if investors require a 3.2% return? Round your answer to the nearest dollar.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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