A bond has a face value of $1,000, a coupon rate of 6%, and a maturity of

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A bond has a face value of $1,000, a coupon rate of 6%, and a maturity of 10 years. If the current market interest rate is 4%, what is the bond's price?

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Financial Management for Public Health and Not for Profit Organizations

ISBN: 978-0132805667

4th edition

Authors: Steven A. Finkler, Thad Calabrese

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Posted Date: Feb 09, 2023 12:37 AM

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A bond has a face value of $1,000, a coupon rate of 6%, and a maturity of

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Financial Management for Public Health and Not for Profit Organizations

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