Question: 1) A bond has a $1,000 par value, a 10% annual coupon, and matures in 12 years. What is the price of this bond (to

A bond has a $1,000 par value, a 10% annual coupon, and matures in 12 years. What is the price of this bond (to the nearest dollar) if it has a yield of 12% ? Your

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