Question: 1 Problem 3 Intro One of IBM's bond issues has an annual coupon rate of 4.3%, a face value of $1,000 and matures in 8

 1 Problem 3 Intro One of IBM's bond issues has an

1 Problem 3 Intro One of IBM's bond issues has an annual coupon rate of 4.3%, a face value of $1,000 and matures in 8 years. Part 1 B Attempt 1/50 for 10 pts. What is the value for price) of the bond if the required return is 5%? b+decimals Submit

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