What is the bond quote for a $1,000 face value bond with an 8 percent coupon rate

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What is the bond quote for a $1,000 face value bond with an 8 percent coupon rate (paid semiannually) and a required return of 7.5 percent if the bond is 6.48574, 8.47148, 10.519, and 14.87875 years from maturity?

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Financial Markets And Institutions

ISBN: 9781264098729

8th Edition

Authors: Anthony Saunders, Marcia Cornett

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